NAKA vs STRT: Correlation
How closely do Nakamoto Inc. (NAKA) and STRATTEC SECURITY CORPORATION (STRT) trade together? Their weekly returns over three years give a correlation of 0.39, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NAKA and STRT?
Across a 3-year window, the weekly returns of NAKA and STRT correlate at 0.39, moderate. The link has loosened recently: the 1-year correlation (-0.04) runs below the 3-year figure (0.39). Stretching to 5 years gives n/a, with an annualized covariance of 5273.1 %².
Within NAKA's tracked universe of 17 assets, STRT comes in at #7 by 3-year correlation. The last year tells two different stories: STRT led by 102.1 percentage points, -96.9% for NAKA against +5.2% for STRT. Risk is not evenly split, since NAKA carries 4.1 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.
NAKA vs STRT: side by side
| NAKA (Nakamoto Inc.) | STRT (STRATTEC SECURITY CORPORATION) | |
|---|---|---|
| 1-year return | -96.9% | +5.2% |
| 5-year return | n/a | +89.4% |
| Volatility (ann.) | 231.2% | 56.1% |
| Beta vs S&P 500 | 4.09 | 1.15 |
| Max drawdown (3Y) | -99.7% | -36.8% |
| Market cap | $0.1B | $0.3B |
| P/E (trailing) | – | 14.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NAKA | STRT |
|---|---|---|
| 2022 | – | -44.5% |
| 2023 | – | +23.3% |
| 2024 | – | +62.6% |
| 2025 | -71.7% | +84.8% |
| 2026 | -44.9% | -7.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NAKA and STRT good diversifiers for each other?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between NAKA and STRT?
The NAKA/STRT correlation stands at 0.39 on a 3-year window (1 year: -0.04, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is STRT a good diversifier for NAKA?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.39 mean?
A reading of 0.39 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/naka-vs-strt.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/naka-vs-strt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: NAKA correlations · STRT correlations
