KITT vs STEM: Correlation
How closely do Nauticus Robotics, Inc. (KITT) and Stem, Inc. (STEM) trade together? Their weekly returns over three years give a correlation of 0.53, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KITT and STEM?
Across a 3-year window, the weekly returns of KITT and STEM correlate at 0.53, moderate. The link has loosened recently: the 1-year correlation (0.25) runs below the 3-year figure (0.53). Stretching to 5 years gives 0.43, with an annualized covariance of 9116.3 %².
Within KITT's tracked universe of 14 assets, STEM comes in at #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with STEM ahead by 34.0 points (-98.9% versus -64.9%).
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 STEM: side by side
| KITT (Nauticus Robotics, Inc.) | STEM (Stem, Inc.) | |
|---|---|---|
| 1-year return | -98.9% | -64.9% |
| 5-year return | -100.0% | -98.9% |
| Volatility (ann.) | 133.4% | 129.9% |
| Beta vs S&P 500 | 1.50 | 2.49 |
| Max drawdown (3Y) | -100.0% | -95.5% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KITT | STEM |
|---|---|---|
| 2022 | -62.4% | -52.9% |
| 2023 | -81.9% | -56.6% |
| 2024 | -93.6% | -84.5% |
| 2025 | -94.5% | +24.8% |
| 2026 | -87.0% | -62.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KITT and STEM good diversifiers for each other?
Only partially. A correlation of 0.53 means KITT and STEM 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 KITT and STEM?
As of 2026-08-27, the correlation of weekly returns between KITT and STEM is 0.53 over 3 years, 0.25 over 1 year and 0.43 over 5 years.
Is STEM a good diversifier for KITT?
Only partially. A correlation of 0.53 means KITT and STEM share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.53 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/kitt-vs-stem.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/kitt-vs-stem/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KITT correlations · STEM correlations
