EXTR vs SENEB: Correlation
Measured on weekly returns over the past three years, Extreme Networks, Inc. (EXTR) and Seneca Foods Corp. (SENEB) carry a correlation of 0.28, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EXTR and SENEB?
On 3 years of weekly data the EXTR/SENEB correlation comes out at 0.28, weak. The past 12 months show a tighter link (0.44) than the 3-year average (0.28). The 5-year figure is 0.08, and annualized covariance runs at 437.5 %².
Among the 11 assets we track against EXTR, SENEB sits near the bottom by co-movement, at rank #8. Correlation aside, the last 12 months split them widely, with SENEB ahead by 64.9 points (+8.0% versus +72.9%).
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.
EXTR vs SENEB: side by side
| EXTR (Extreme Networks, Inc.) | SENEB (Seneca Foods Corp.) | |
|---|---|---|
| 1-year return | +8.0% | +72.9% |
| 5-year return | +112.0% | +292.8% |
| Volatility (ann.) | 46.3% | 33.7% |
| Beta vs S&P 500 | 1.23 | 0.14 |
| Max drawdown (3Y) | -61.5% | -22.4% |
| Market cap | $3.0B | $1.3B |
| P/E (trailing) | 72.6 | 11.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EXTR | SENEB |
|---|---|---|
| 2022 | +16.6% | +28.5% |
| 2023 | -3.7% | -14.7% |
| 2024 | -5.1% | +53.7% |
| 2025 | -0.5% | +38.0% |
| 2026 | +39.5% | +76.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EXTR and SENEB good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.28 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between EXTR and SENEB?
Using weekly returns as of 2026-08-27: 0.28 over 3 years, with 0.44 over the last year and 0.08 over 5 years.
Is SENEB a good diversifier for EXTR?
Yes, to a useful degree: a correlation of 0.28 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.28 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/extr-vs-seneb.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/extr-vs-seneb/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EXTR correlations · SENEB correlations
