IMPP vs TEN: Correlation
Measured on weekly returns over the past three years, Imperial Petroleum Inc. (IMPP) and Tsakos Energy Navigation Ltd (TEN) carry a correlation of 0.51, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IMPP and TEN?
Across a 3-year window, the weekly returns of IMPP and TEN correlate at 0.51, moderate. The relationship has been stable: the 1-year correlation (0.44) sits close to the 3-year figure. Stretching to 5 years gives 0.17, with an annualized covariance of 957.4 %².
In IMPP's tracked universe of 11 assets, TEN sits right near the top at #1. The last year tells two different stories: TEN led by 44.9 percentage points, +53.3% for IMPP against +98.2% for TEN.
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.
IMPP vs TEN: side by side
| IMPP (Imperial Petroleum Inc.) | TEN (Tsakos Energy Navigation Ltd) | |
|---|---|---|
| 1-year return | +53.3% | +98.2% |
| 5-year return | -95.5% | +584.9% |
| Volatility (ann.) | 51.6% | 36.7% |
| Beta vs S&P 500 | 0.12 | 0.66 |
| Max drawdown (3Y) | -49.8% | -52.6% |
| Market cap | $0.2B | $1.3B |
| P/E (trailing) | 3.1 | 6.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IMPP | TEN |
|---|---|---|
| 2022 | -88.7% | +138.5% |
| 2023 | -27.0% | +38.1% |
| 2024 | +14.0% | -16.0% |
| 2025 | +20.3% | +33.1% |
| 2026 | +39.8% | +92.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IMPP and TEN good diversifiers for each other?
Only partially. A correlation of 0.51 means IMPP and TEN share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between IMPP and TEN?
The IMPP/TEN correlation stands at 0.51 on a 3-year window (1 year: 0.44, 5 years: 0.17), computed from weekly returns as of 2026-08-27.
Is TEN a good diversifier for IMPP?
Only partially. A correlation of 0.51 means IMPP and TEN share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.51 mean?
On the −1 to +1 scale, 0.51 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/impp-vs-ten.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/impp-vs-ten/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: IMPP correlations · TEN correlations
