ICU vs TRON: Correlation
SeaStar Medical Holding Corporation (ICU) and Tron Inc. (TRON) show a negative relationship: their 3-year correlation of weekly returns is -0.24.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ICU and TRON?
On 3 years of weekly data the ICU/TRON correlation comes out at -0.24, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.26 versus -0.24 over 3 years. The 5-year figure is n/a, and annualized covariance runs at -15474.3 %².
Out of 10 assets tracked against ICU, TRON lands near the bottom at #10. Over the last 12 months TRON came out ahead by 6.6 percentage points (-63.4% against -56.8%). Note the risk asymmetry: TRON runs 2.6 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
ICU vs TRON: side by side
| ICU (SeaStar Medical Holding Corporation) | TRON (Tron Inc.) | |
|---|---|---|
| 1-year return | -63.4% | -56.8% |
| 5-year return | -99.9% | n/a |
| Volatility (ann.) | 156.9% | 408.5% |
| Beta vs S&P 500 | 0.82 | 0.10 |
| Max drawdown (3Y) | -99.4% | -91.5% |
| Market cap | – | $1.0B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ICU | TRON |
|---|---|---|
| 2022 | -59.2% | – |
| 2023 | -89.2% | – |
| 2024 | -82.5% | -59.4% |
| 2025 | -87.6% | +97.1% |
| 2026 | +29.2% | +72.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ICU and TRON good diversifiers for each other?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
FAQ
What is the correlation between ICU and TRON?
As of 2026-08-27, the correlation of weekly returns between ICU and TRON is -0.24 over 3 years, 0.26 over 1 year and n/a over 5 years.
Is TRON a good diversifier for ICU?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
What does a correlation of -0.24 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/icu-vs-tron.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/icu-vs-tron/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ICU correlations · TRON correlations
