MPTI vs TATT: Correlation
How closely do M-tron Industries, Inc. (MPTI) and TAT Technologies Ltd. (TATT) trade together? Their weekly returns over three years give a correlation of 0.35, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MPTI and TATT?
Over the past 3 years, MPTI and TATT moved with a correlation of 0.35, which is moderate. Little has changed lately, as the 1-year reading of 0.41 lands near the 3-year figure. Over 5 years the correlation is 0.33, and the annualized covariance of weekly returns is 1242.8 %².
By 3-year correlation, TATT places #6 of the 11 assets tracked against MPTI. The last year tells two different stories: MPTI led by 73.2 percentage points, +73.9% for MPTI against +0.7% for TATT.
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.
MPTI vs TATT: side by side
| MPTI (M-tron Industries, Inc.) | TATT (TAT Technologies Ltd.) | |
|---|---|---|
| 1-year return | +73.9% | +0.7% |
| 5-year return | n/a | +532.6% |
| Volatility (ann.) | 68.5% | 52.0% |
| Beta vs S&P 500 | 1.51 | 0.89 |
| Max drawdown (3Y) | -50.0% | -47.5% |
| Market cap | $0.3B | $0.5B |
| P/E (trailing) | 31.1 | 24.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MPTI | TATT |
|---|---|---|
| 2022 | – | -16.0% |
| 2023 | +308.0% | +91.5% |
| 2024 | +35.7% | +153.0% |
| 2025 | +9.9% | +73.9% |
| 2026 | +47.0% | -16.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MPTI and TATT good diversifiers for each other?
Reasonably. At 0.35, MPTI and TATT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between MPTI and TATT?
As of 2026-08-27, the correlation of weekly returns between MPTI and TATT is 0.35 over 3 years, 0.41 over 1 year and 0.33 over 5 years.
Is TATT a good diversifier for MPTI?
Reasonably. At 0.35, MPTI and TATT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.35 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.
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Related comparisons
Hubs: MPTI correlations · TATT correlations
