INLX vs TVC: Correlation
How closely do Intellinetics, Inc. (INLX) and Tennessee Valley Authority (TVC) trade together? Their weekly returns over three years give a correlation of -0.20, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are INLX and TVC?
Across a 3-year window, the weekly returns of INLX and TVC correlate at -0.20, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.13) runs above the 3-year figure (-0.20). Stretching to 5 years gives -0.01, with an annualized covariance of -65.0 %².
Within INLX's tracked universe of 24 assets, TVC comes in at #15 by 3-year correlation. The last year tells two different stories: TVC led by 49.7 percentage points, -46.4% for INLX against +3.3% for TVC. Note the risk asymmetry: INLX runs 10.9 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.
INLX vs TVC: side by side
| INLX (Intellinetics, Inc.) | TVC (Tennessee Valley Authority) | |
|---|---|---|
| 1-year return | -46.4% | +3.3% |
| 5-year return | +7.4% | +3.0% |
| Volatility (ann.) | 60.0% | 5.5% |
| Beta vs S&P 500 | -0.07 | 0.06 |
| Max drawdown (3Y) | -65.9% | -5.1% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | INLX | TVC |
|---|---|---|
| 2022 | -43.5% | -13.3% |
| 2023 | +18.5% | +6.5% |
| 2024 | +171.7% | -0.5% |
| 2025 | -42.0% | +9.2% |
| 2026 | -34.2% | +1.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are INLX and TVC good diversifiers for each other?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between INLX and TVC?
The INLX/TVC correlation stands at -0.20 on a 3-year window (1 year: 0.13, 5 years: -0.01), computed from weekly returns as of 2026-08-27.
Is TVC a good diversifier for INLX?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.20 mean?
A reading of -0.20 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/inlx-vs-tvc.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/inlx-vs-tvc/)
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Related comparisons
Hubs: INLX correlations · TVC correlations
