NNE vs PCT: Correlation
Nano Nuclear Energy Inc. (NNE) and PureCycle Technologies, Inc. (PCT) show a moderate relationship: their 3-year correlation of weekly returns is 0.43.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NNE and PCT?
On 3 years of weekly data the NNE/PCT correlation comes out at 0.43, moderate. Recent behaviour matches the longer record: 0.38 over 1 year against 0.43 over 3. The 5-year figure is n/a, and annualized covariance runs at 6352.6 %².
Among the 18 assets we track against NNE, PCT ranks #9 by 3-year correlation. On 12-month performance NNE holds a 13.7-point edge, -41.5% against -55.2%. One caveat on sizing: NNE is 1.6 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.
NNE vs PCT: side by side
| NNE (Nano Nuclear Energy Inc.) | PCT (PureCycle Technologies, Inc.) | |
|---|---|---|
| 1-year return | -41.5% | -55.2% |
| 5-year return | n/a | -52.3% |
| Volatility (ann.) | 155.1% | 98.0% |
| Beta vs S&P 500 | 4.18 | 2.42 |
| Max drawdown (3Y) | -77.7% | -74.2% |
| Market cap | $1.0B | $1.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NNE | PCT |
|---|---|---|
| 2022 | – | -29.4% |
| 2023 | – | -40.1% |
| 2024 | – | +153.1% |
| 2025 | -3.6% | -16.2% |
| 2026 | -19.9% | -22.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NNE and PCT good diversifiers for each other?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between NNE and PCT?
Using weekly returns as of 2026-08-27: 0.43 over 3 years, with 0.38 over the last year and n/a over 5 years.
Is PCT a good diversifier for NNE?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.43 mean?
On the −1 to +1 scale, 0.43 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/nne-vs-pct.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/nne-vs-pct/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: NNE correlations · PCT correlations
