MTEN vs TSN: Correlation
Measured on weekly returns over the past three years, Mingteng International Corporation Inc. - Class A (MTEN) and Tyson Foods (TSN) 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 MTEN and TSN?
Over the past 3 years, MTEN and TSN moved with a correlation of -0.24, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.28 over 1 year against -0.24 over 3. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -973.3 %².
Among the 17 assets we track against MTEN, TSN sits near the bottom by co-movement, at rank #14. Correlation aside, the last 12 months split them widely, with TSN ahead by 99.7 points (-100.0% versus -0.3%). One caveat on sizing: MTEN is 7.9 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.
MTEN vs TSN: side by side
| MTEN (Mingteng International Corporation Inc. - Class A) | TSN (Tyson Foods) | |
|---|---|---|
| 1-year return | -100.0% | -0.3% |
| 5-year return | n/a | -17.3% |
| Volatility (ann.) | 179.9% | 22.8% |
| Beta vs S&P 500 | 2.36 | 0.19 |
| Max drawdown (3Y) | -100.0% | -20.3% |
| Market cap | – | $19.5B |
| P/E (trailing) | – | 35.0 |
| Dividend yield | 0.00% | 0.88% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | MTEN | TSN |
|---|---|---|
| 2022 | – | -26.9% |
| 2023 | – | -10.4% |
| 2024 | – | +10.5% |
| 2025 | -86.5% | +5.7% |
| 2026 | -99.4% | -4.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MTEN and TSN good diversifiers for each other?
Yes. With a correlation of -0.24, MTEN and TSN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between MTEN and TSN?
Using weekly returns as of 2026-08-27: -0.24 over 3 years, with -0.28 over the last year and n/a over 5 years.
Is TSN a good diversifier for MTEN?
Yes. With a correlation of -0.24, MTEN and TSN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.24 mean?
On the −1 to +1 scale, -0.24 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/mten-vs-tsn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mten-vs-tsn/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: MTEN correlations · TSN correlations
