KITT vs PDYN: Correlation
Measured on weekly returns over the past three years, Nauticus Robotics, Inc. (KITT) and Palladyne AI Corp. (PDYN) carry a correlation of 0.55, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KITT and PDYN?
Over the past 3 years, KITT and PDYN moved with a correlation of 0.55, which is moderate. The link has loosened recently: the 1-year correlation (0.37) runs below the 3-year figure (0.55). Over 5 years the correlation is 0.46, and the annualized covariance of weekly returns is 15086.8 %².
Few assets follow KITT as closely as PDYN, which ranks #3 of 14 tracked partners. Their recent paths diverged sharply: over the last 12 months PDYN outperformed by 77.0 percentage points (-98.9% for KITT against -21.9% for PDYN). Risk is not evenly split, since PDYN carries 1.5 times the volatility of the other side.
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.
KITT vs PDYN: side by side
| KITT (Nauticus Robotics, Inc.) | PDYN (Palladyne AI Corp.) | |
|---|---|---|
| 1-year return | -98.9% | -21.9% |
| 5-year return | -100.0% | -88.8% |
| Volatility (ann.) | 133.4% | 204.5% |
| Beta vs S&P 500 | 1.50 | 3.45 |
| Max drawdown (3Y) | -100.0% | -68.8% |
| Market cap | – | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KITT | PDYN |
|---|---|---|
| 2022 | -62.4% | -94.4% |
| 2023 | -81.9% | -78.6% |
| 2024 | -93.6% | +1601.8% |
| 2025 | -94.5% | -65.3% |
| 2026 | -87.0% | +43.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KITT and PDYN good diversifiers for each other?
To a limited degree. At 0.55 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between KITT and PDYN?
The KITT/PDYN correlation stands at 0.55 on a 3-year window (1 year: 0.37, 5 years: 0.46), computed from weekly returns as of 2026-08-27.
Is PDYN a good diversifier for KITT?
To a limited degree. At 0.55 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.55 mean?
A reading of 0.55 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/kitt-vs-pdyn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/kitt-vs-pdyn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: KITT correlations · PDYN correlations
