DUOT vs SYPR: Correlation
Duos Technologies Group, Inc. (DUOT) and Sypris Solutions, Inc. (SYPR) show a moderate relationship: their 3-year correlation of weekly returns is 0.34.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DUOT and SYPR?
Over the past 3 years, DUOT and SYPR moved with a correlation of 0.34, which is moderate. The link has loosened recently: the 1-year correlation (0.20) runs below the 3-year figure (0.34). Over 5 years the correlation is 0.24, and the annualized covariance of weekly returns is 1659.3 %².
Among the 13 assets we track against DUOT, SYPR ranks #7 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months DUOT outperformed by 75.2 percentage points (+60.7% for DUOT against -14.5% for SYPR).
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
DUOT vs SYPR: side by side
| DUOT (Duos Technologies Group, Inc.) | SYPR (Sypris Solutions, Inc.) | |
|---|---|---|
| 1-year return | +60.7% | -14.5% |
| 5-year return | +57.5% | -55.9% |
| Volatility (ann.) | 83.7% | 59.0% |
| Beta vs S&P 500 | 1.75 | 0.58 |
| Max drawdown (3Y) | -64.3% | -59.1% |
| Market cap | $0.3B | – |
| P/E (trailing) | 10.1 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DUOT | SYPR |
|---|---|---|
| 2022 | -61.0% | -16.7% |
| 2023 | +45.0% | -1.0% |
| 2024 | +106.2% | -12.3% |
| 2025 | +88.1% | +37.1% |
| 2026 | -8.4% | -29.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DUOT and SYPR good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DUOT and SYPR?
Using weekly returns as of 2026-08-27: 0.34 over 3 years, with 0.20 over the last year and 0.24 over 5 years.
Is SYPR a good diversifier for DUOT?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.34 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
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Related comparisons
Hubs: DUOT correlations · SYPR correlations
