PARA vs SNTG: Correlation
Measured on weekly returns over the past three years, Banzai International, Inc. (PARA) and Sentage Holdings Inc. - Class A (SNTG) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PARA and SNTG?
Over the past 3 years, PARA and SNTG moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.05 versus -0.22 over 3 years. Over 5 years the correlation is -0.18, and the annualized covariance of weekly returns is -3216.4 %².
By 3-year correlation, SNTG places #15 of the 20 assets tracked against PARA. Correlation aside, the last 12 months split them widely, with SNTG ahead by 106.1 points (-98.2% versus +7.9%).
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.
PARA vs SNTG: side by side
| PARA (Banzai International, Inc.) | SNTG (Sentage Holdings Inc. - Class A) | |
|---|---|---|
| 1-year return | -98.2% | +7.9% |
| 5-year return | -100.0% | -93.0% |
| Volatility (ann.) | 114.5% | 126.7% |
| Beta vs S&P 500 | -0.02 | 1.13 |
| Max drawdown (3Y) | -100.0% | -76.2% |
| Market cap | – | – |
| P/E (trailing) | 0.1 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PARA | SNTG |
|---|---|---|
| 2022 | +3.7% | -68.8% |
| 2023 | -81.4% | +160.4% |
| 2024 | -98.4% | -63.8% |
| 2025 | -93.7% | +4.4% |
| 2026 | -93.8% | -5.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PARA and SNTG good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between PARA and SNTG?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.05 over the last year and -0.18 over 5 years.
Is SNTG a good diversifier for PARA?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 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/para-vs-sntg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/para-vs-sntg/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: PARA correlations · SNTG correlations
