KTCC vs MIND: Correlation
Key Tronic Corporation (KTCC) and MIND Technology, Inc. (MIND) show a negative relationship: their 3-year correlation of weekly returns is -0.19.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KTCC and MIND?
Across a 3-year window, the weekly returns of KTCC and MIND correlate at -0.19, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.29 lands near the 3-year figure. Stretching to 5 years gives -0.05, with an annualized covariance of -596.8 %².
MIND is close to the least connected end of KTCC's tracked universe, ranking #10 of 12. Correlation aside, the last 12 months split them widely, with KTCC ahead by 85.1 points (+29.2% versus -55.9%). Risk is not evenly split, since MIND carries 2.0 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.
KTCC vs MIND: side by side
| KTCC (Key Tronic Corporation) | MIND (MIND Technology, Inc.) | |
|---|---|---|
| 1-year return | +29.2% | -55.9% |
| 5-year return | -42.7% | -77.3% |
| Volatility (ann.) | 39.4% | 79.5% |
| Beta vs S&P 500 | 0.56 | 0.91 |
| Max drawdown (3Y) | -62.5% | -70.0% |
| Market cap | – | – |
| P/E (trailing) | – | 27.8 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KTCC | MIND |
|---|---|---|
| 2022 | -30.8% | -72.8% |
| 2023 | -0.2% | +43.3% |
| 2024 | -3.5% | +20.5% |
| 2025 | -33.1% | +10.7% |
| 2026 | +38.0% | -49.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KTCC and MIND good diversifiers for each other?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
FAQ
What is the correlation between KTCC and MIND?
The KTCC/MIND correlation stands at -0.19 on a 3-year window (1 year: -0.29, 5 years: -0.05), computed from weekly returns as of 2026-08-27.
Is MIND a good diversifier for KTCC?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
What does a correlation of -0.19 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/ktcc-vs-mind.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ktcc-vs-mind/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: KTCC correlations · MIND correlations
