PTC vs S: Correlation
Measured on weekly returns over the past three years, PTC Inc. (PTC) and SentinelOne, Inc. (S) carry a correlation of 0.53, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PTC and S?
Across a 3-year window, the weekly returns of PTC and S correlate at 0.53, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.64 versus 0.53 over 3 years. Stretching to 5 years gives 0.42, with an annualized covariance of 738.0 %².
Among the 32 assets we track against PTC, S ranks #9 by 3-year correlation. Correlation aside, the last 12 months split them widely, with S ahead by 59.0 points (-26.6% versus +32.4%). One caveat on sizing: S is 1.7 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.
PTC vs S: side by side
| PTC (PTC Inc.) | S (SentinelOne, Inc.) | |
|---|---|---|
| 1-year return | -26.6% | +32.4% |
| 5-year return | +20.0% | -65.2% |
| Volatility (ann.) | 28.8% | 48.4% |
| Beta vs S&P 500 | 1.02 | 1.43 |
| Max drawdown (3Y) | -48.1% | -60.2% |
| Market cap | $17.2B | $7.8B |
| P/E (trailing) | 14.7 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | PTC | S |
|---|---|---|
| 2022 | -0.9% | -71.1% |
| 2023 | +45.8% | +88.1% |
| 2024 | +5.1% | -19.1% |
| 2025 | -5.3% | -32.4% |
| 2026 | -8.8% | +51.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PTC and S good diversifiers for each other?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between PTC and S?
As of 2026-08-27, the correlation of weekly returns between PTC and S is 0.53 over 3 years, 0.64 over 1 year and 0.42 over 5 years.
Is S a good diversifier for PTC?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.53 mean?
On the −1 to +1 scale, 0.53 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/ptc-vs-s.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ptc-vs-s/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PTC correlations · S correlations
