MACI vs TRSG: Correlation
Melar Acquisition Corp. I - Class A (MACI) and Tungray Technologies Inc - Class A (TRSG) show a negative relationship: their 3-year correlation of weekly returns is -0.40.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MACI and TRSG?
On 3 years of weekly data the MACI/TRSG correlation comes out at -0.40, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.10 versus -0.40 over 3 years. The 5-year figure is n/a, and annualized covariance runs at -64.7 %².
Among the 71 assets we track against MACI, TRSG sits near the bottom by co-movement, at rank #71. The trailing year gives MACI the advantage: +4.4% versus -7.8%, a 12.2-point spread. Risk is not evenly split, since TRSG carries 44.0 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.
MACI vs TRSG: side by side
| MACI (Melar Acquisition Corp. I - Class A) | TRSG (Tungray Technologies Inc - Class A) | |
|---|---|---|
| 1-year return | +4.4% | -7.8% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 2.1% | 92.3% |
| Beta vs S&P 500 | -0.03 | 0.67 |
| Max drawdown (3Y) | -2.0% | -86.3% |
| Market cap | $0.2B | – |
| P/E (trailing) | 60.9 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Are MACI and TRSG good diversifiers for each other?
Yes: at -0.40, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between MACI and TRSG?
The MACI/TRSG correlation stands at -0.40 on a 3-year window (1 year: -0.10, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is TRSG a good diversifier for MACI?
Yes: at -0.40, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.40 mean?
On the −1 to +1 scale, -0.40 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
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Related comparisons
Hubs: MACI correlations · TRSG correlations
