MLGO vs TRSG: Correlation
Measured on weekly returns over the past three years, MicroAlgo, Inc. (MLGO) and Tungray Technologies Inc - Class A (TRSG) carry a correlation of 0.57, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MLGO and TRSG?
On 3 years of weekly data the MLGO/TRSG correlation comes out at 0.57, moderate. Lately the two have drifted apart, with the 1-year correlation at -0.10 versus 0.57 over 3 years. The 5-year figure is n/a, and annualized covariance runs at 28456.5 %².
In MLGO's tracked universe of 33 assets, TRSG sits right near the top at #2. Correlation aside, the last 12 months split them widely, with TRSG ahead by 45.1 points (-52.9% versus -7.8%). Note the risk asymmetry: MLGO runs 5.3 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
MLGO vs TRSG: side by side
| MLGO (MicroAlgo, Inc.) | TRSG (Tungray Technologies Inc - Class A) | |
|---|---|---|
| 1-year return | -52.9% | -7.8% |
| 5-year return | -100.0% | n/a |
| Volatility (ann.) | 489.7% | 92.3% |
| Beta vs S&P 500 | -2.77 | 0.67 |
| Max drawdown (3Y) | -100.0% | -86.3% |
| Market cap | – | – |
| P/E (trailing) | 1.9 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MLGO | TRSG |
|---|---|---|
| 2022 | -87.6% | – |
| 2023 | -27.0% | – |
| 2024 | -97.9% | – |
| 2025 | -96.1% | -49.2% |
| 2026 | -6.3% | +36.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MLGO and TRSG good diversifiers for each other?
Only partially. A correlation of 0.57 means MLGO and TRSG 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 MLGO and TRSG?
As of 2026-08-27, the correlation of weekly returns between MLGO and TRSG is 0.57 over 3 years, -0.10 over 1 year and n/a over 5 years.
Is TRSG a good diversifier for MLGO?
Only partially. A correlation of 0.57 means MLGO and TRSG share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.57 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/mlgo-vs-trsg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/mlgo-vs-trsg/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: MLGO correlations · TRSG correlations
