NAUT vs SEGG: Correlation
Measured on weekly returns over the past three years, Nautilus Biotechnology, Inc. (NAUT) and Sports Entertainment Gaming Global Corporation (SEGG) carry a correlation of -0.26, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NAUT and SEGG?
On 3 years of weekly data the NAUT/SEGG correlation comes out at -0.26, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.49) runs below the 3-year figure (-0.26). The 5-year figure is n/a, and annualized covariance runs at -7294.1 %².
Among the 10 assets we track against NAUT, SEGG sits near the bottom by co-movement, at rank #8. Their recent paths diverged sharply: over the last 12 months NAUT outperformed by 85.4 percentage points (+28.6% for NAUT against -56.8% for SEGG). Note the risk asymmetry: SEGG runs 5.4 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.
NAUT vs SEGG: side by side
| NAUT (Nautilus Biotechnology, Inc.) | SEGG (Sports Entertainment Gaming Global Corporation) | |
|---|---|---|
| 1-year return | +28.6% | -56.8% |
| 5-year return | -88.5% | n/a |
| Volatility (ann.) | 72.5% | 389.2% |
| Beta vs S&P 500 | 1.36 | 0.24 |
| Max drawdown (3Y) | -83.8% | -98.9% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NAUT | SEGG |
|---|---|---|
| 2022 | -65.3% | – |
| 2023 | +66.1% | – |
| 2024 | -43.8% | -82.1% |
| 2025 | +16.1% | -84.9% |
| 2026 | -53.6% | +274.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NAUT and SEGG good diversifiers for each other?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
FAQ
What is the correlation between NAUT and SEGG?
As of 2026-08-27, the correlation of weekly returns between NAUT and SEGG is -0.26 over 3 years, -0.49 over 1 year and n/a over 5 years.
Is SEGG a good diversifier for NAUT?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
What does a correlation of -0.26 mean?
On the −1 to +1 scale, -0.26 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/naut-vs-segg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/naut-vs-segg/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: NAUT correlations · SEGG correlations
