KTCC vs NVNI: Correlation
Measured on weekly returns over the past three years, Key Tronic Corporation (KTCC) and Nvni Group Limited (NVNI) carry a correlation of -0.24, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KTCC and NVNI?
Over the past 3 years, KTCC and NVNI moved with a correlation of -0.24, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.01) runs above the 3-year figure (-0.24). Over 5 years the correlation is -0.18, and the annualized covariance of weekly returns is -9088.7 %².
NVNI is close to the least connected end of KTCC's tracked universe, ranking #12 of 12. Correlation aside, the last 12 months split them widely, with KTCC ahead by 112.2 points (+29.2% versus -83.0%). One caveat on sizing: NVNI is 24.1 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.
KTCC vs NVNI: side by side
| KTCC (Key Tronic Corporation) | NVNI (Nvni Group Limited) | |
|---|---|---|
| 1-year return | +29.2% | -83.0% |
| 5-year return | -42.7% | -98.9% |
| Volatility (ann.) | 39.4% | 949.3% |
| Beta vs S&P 500 | 0.56 | -4.03 |
| Max drawdown (3Y) | -62.5% | -99.3% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KTCC | NVNI |
|---|---|---|
| 2022 | -30.8% | +4.4% |
| 2023 | -0.2% | -85.4% |
| 2024 | -3.5% | +64.4% |
| 2025 | -33.1% | -89.2% |
| 2026 | +38.0% | -60.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KTCC and NVNI good diversifiers for each other?
Yes. With a correlation of -0.24, KTCC and NVNI have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between KTCC and NVNI?
The KTCC/NVNI correlation stands at -0.24 on a 3-year window (1 year: -0.01, 5 years: -0.18), computed from weekly returns as of 2026-08-27.
Is NVNI a good diversifier for KTCC?
Yes. With a correlation of -0.24, KTCC and NVNI have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.24 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-nvni.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ktcc-vs-nvni/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KTCC correlations · NVNI correlations
