IMTE vs TRSG: Correlation
Measured on weekly returns over the past three years, Integrated Media Technology Limited (IMTE) and Tungray Technologies Inc - Class A (TRSG) carry a correlation of 0.57, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IMTE and TRSG?
On 3 years of weekly data the IMTE/TRSG correlation comes out at 0.57, moderate. The link has loosened recently: the 1-year correlation (-0.01) runs below the 3-year figure (0.57). The 5-year figure is n/a, and annualized covariance runs at 9024.7 %².
Few assets follow IMTE as closely as TRSG, which ranks #2 of 10 tracked partners. Correlation aside, the last 12 months split them widely, with TRSG ahead by 41.8 points (-49.6% versus -7.8%). One caveat on sizing: IMTE is 1.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
IMTE vs TRSG: side by side
| IMTE (Integrated Media Technology Limited) | TRSG (Tungray Technologies Inc - Class A) | |
|---|---|---|
| 1-year return | -49.6% | -7.8% |
| 5-year return | -99.0% | n/a |
| Volatility (ann.) | 164.0% | 92.3% |
| Beta vs S&P 500 | -0.05 | 0.67 |
| Max drawdown (3Y) | -90.0% | -86.3% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IMTE | TRSG |
|---|---|---|
| 2022 | -84.6% | – |
| 2023 | -60.6% | – |
| 2024 | -53.9% | – |
| 2025 | -51.9% | -49.2% |
| 2026 | -19.5% | +36.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IMTE and TRSG good diversifiers for each other?
Somewhat, no more. With 0.57 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between IMTE and TRSG?
As of 2026-08-27, the correlation of weekly returns between IMTE and TRSG is 0.57 over 3 years, -0.01 over 1 year and n/a over 5 years.
Is TRSG a good diversifier for IMTE?
Somewhat, no more. With 0.57 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.57 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/imte-vs-trsg.json
Markdown for the live badge, attribution link included:
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Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: IMTE correlations · TRSG correlations
