EVGO vs TTEC: Correlation
Measured on weekly returns over the past three years, EVgo Inc. (EVGO) and TTEC Holdings, Inc. (TTEC) carry a correlation of 0.45, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EVGO and TTEC?
Across a 3-year window, the weekly returns of EVGO and TTEC correlate at 0.45, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.32 versus 0.45 over 3 years. Stretching to 5 years gives 0.30, with an annualized covariance of 3225.5 %².
Within EVGO's tracked universe of 13 assets, TTEC comes in at #4 by 3-year correlation. Their 12-month results are close: -64.4% for EVGO against -62.4% for TTEC.
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.
EVGO vs TTEC: side by side
| EVGO (EVgo Inc.) | TTEC (TTEC Holdings, Inc.) | |
|---|---|---|
| 1-year return | -64.4% | -62.4% |
| 5-year return | -84.3% | -98.6% |
| Volatility (ann.) | 85.3% | 83.7% |
| Beta vs S&P 500 | 1.93 | 1.01 |
| Max drawdown (3Y) | -84.1% | -95.4% |
| Market cap | $0.5B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EVGO | TTEC |
|---|---|---|
| 2022 | -55.0% | -50.4% |
| 2023 | -19.9% | -49.1% |
| 2024 | +13.1% | -76.8% |
| 2025 | -28.1% | -27.9% |
| 2026 | -50.7% | -61.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EVGO and TTEC good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between EVGO and TTEC?
The EVGO/TTEC correlation stands at 0.45 on a 3-year window (1 year: 0.32, 5 years: 0.30), computed from weekly returns as of 2026-08-27.
Is TTEC a good diversifier for EVGO?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.45 mean?
On the −1 to +1 scale, 0.45 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/evgo-vs-ttec.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/evgo-vs-ttec/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EVGO correlations · TTEC correlations
