MVST vs SNT: Correlation
Microvast Holdings, Inc. (MVST) and Senstar Technologies Corporation (SNT) show a moderate relationship: their 3-year correlation of weekly returns is 0.47.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MVST and SNT?
Over the past 3 years, MVST and SNT moved with a correlation of 0.47, which is moderate. The link has loosened recently: the 1-year correlation (-0.01) runs below the 3-year figure (0.47). Over 5 years the correlation is 0.43, and the annualized covariance of weekly returns is 6540.4 %².
Among the 41 assets we track against MVST, SNT ranks #8 by 3-year correlation. On 12-month performance SNT holds a 9.2-point edge, -71.2% against -62.0%. Risk is not evenly split, since MVST carries 3.2 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.
MVST vs SNT: side by side
| MVST (Microvast Holdings, Inc.) | SNT (Senstar Technologies Corporation) | |
|---|---|---|
| 1-year return | -71.2% | -62.0% |
| 5-year return | -91.6% | -57.3% |
| Volatility (ann.) | 209.2% | 66.2% |
| Beta vs S&P 500 | 0.26 | 0.71 |
| Max drawdown (3Y) | -92.8% | -69.2% |
| Market cap | $0.3B | – |
| P/E (trailing) | – | 85.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MVST | SNT |
|---|---|---|
| 2022 | -73.0% | -57.7% |
| 2023 | -8.5% | +2.4% |
| 2024 | +47.9% | +166.7% |
| 2025 | +35.3% | +40.4% |
| 2026 | -72.5% | -64.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MVST and SNT good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between MVST and SNT?
As of 2026-08-27, the correlation of weekly returns between MVST and SNT is 0.47 over 3 years, -0.01 over 1 year and 0.43 over 5 years.
Is SNT a good diversifier for MVST?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.47 mean?
On the −1 to +1 scale, 0.47 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: MVST correlations · SNT correlations
