PAL vs TVGN: Correlation
Measured on weekly returns over the past three years, Proficient Auto Logistics, Inc. (PAL) and Tevogen Inc. (TVGN) 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 PAL and TVGN?
Over the past 3 years, PAL and TVGN moved with a correlation of -0.26, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.10 versus -0.26 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -5394.7 %².
Among the 15 assets we track against PAL, TVGN sits near the bottom by co-movement, at rank #12. The last year tells two different stories: PAL led by 51.0 percentage points, -34.3% for PAL against -85.3% for TVGN. Risk is not evenly split, since TVGN carries 3.0 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.
PAL vs TVGN: side by side
| PAL (Proficient Auto Logistics, Inc.) | TVGN (Tevogen Inc.) | |
|---|---|---|
| 1-year return | -34.3% | -85.3% |
| 5-year return | n/a | -98.6% |
| Volatility (ann.) | 79.8% | 242.2% |
| Beta vs S&P 500 | 1.84 | 0.66 |
| Max drawdown (3Y) | -76.0% | -99.3% |
| Market cap | $0.2B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PAL | TVGN |
|---|---|---|
| 2023 | – | +7.7% |
| 2024 | – | -90.7% |
| 2025 | +19.5% | -67.9% |
| 2026 | -44.3% | -59.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PAL and TVGN 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 PAL and TVGN?
The PAL/TVGN correlation stands at -0.26 on a 3-year window (1 year: 0.10, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is TVGN a good diversifier for PAL?
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?
A reading of -0.26 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/pal-vs-tvgn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/pal-vs-tvgn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: PAL correlations · TVGN correlations
