PRZO vs UMAC: Correlation
How closely do ParaZero Technologies Ltd. (PRZO) and Unusual Machines, Inc. (UMAC) trade together? Their weekly returns over three years give a correlation of 0.59, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PRZO and UMAC?
Over the past 3 years, PRZO and UMAC moved with a correlation of 0.59, which is moderate. Little has changed lately, as the 1-year reading of 0.55 lands near the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 19259.8 %².
Few assets follow PRZO as closely as UMAC, which ranks #2 of 17 tracked partners. Correlation aside, the last 12 months split them widely, with UMAC ahead by 199.4 points (-42.3% versus +157.1%).
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.
PRZO vs UMAC: side by side
| PRZO (ParaZero Technologies Ltd.) | UMAC (Unusual Machines, Inc.) | |
|---|---|---|
| 1-year return | -42.3% | +157.1% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 172.1% | 248.9% |
| Beta vs S&P 500 | 1.95 | 3.43 |
| Max drawdown (3Y) | -88.0% | -75.6% |
| Market cap | – | $1.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PRZO | UMAC |
|---|---|---|
| 2024 | +185.5% | – |
| 2025 | -59.9% | -24.3% |
| 2026 | -4.5% | +106.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PRZO and UMAC good diversifiers for each other?
Only partially. A correlation of 0.59 means PRZO and UMAC share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between PRZO and UMAC?
Using weekly returns as of 2026-08-27: 0.59 over 3 years, with 0.55 over the last year and n/a over 5 years.
Is UMAC a good diversifier for PRZO?
Only partially. A correlation of 0.59 means PRZO and UMAC share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.59 mean?
On the −1 to +1 scale, 0.59 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/przo-vs-umac.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/przo-vs-umac/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PRZO correlations · UMAC correlations
