PXLW vs TRON: Correlation
Pixelworks, Inc. (PXLW) and Tron Inc. (TRON) show a moderate relationship: their 3-year correlation of weekly returns is 0.59.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PXLW and TRON?
Over the past 3 years, PXLW and TRON moved with a correlation of 0.59, which is moderate. The past 12 months show a weaker link (0.35) than the 3-year average (0.59). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 23778.4 %².
TRON is one of the assets that tracks PXLW most closely: it ranks #1 out of the 13 assets we track against PXLW. The last year tells two different stories: PXLW led by 43.2 percentage points, -13.6% for PXLW against -56.8% for TRON. Note the risk asymmetry: TRON runs 4.1 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
PXLW vs TRON: side by side
| PXLW (Pixelworks, Inc.) | TRON (Tron Inc.) | |
|---|---|---|
| 1-year return | -13.6% | -56.8% |
| 5-year return | -90.7% | n/a |
| Volatility (ann.) | 99.0% | 408.5% |
| Beta vs S&P 500 | 1.41 | 0.10 |
| Max drawdown (3Y) | -86.3% | -91.5% |
| Market cap | – | $1.0B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PXLW | TRON |
|---|---|---|
| 2022 | -59.8% | – |
| 2023 | -26.0% | – |
| 2024 | -44.3% | -59.4% |
| 2025 | -27.4% | +97.1% |
| 2026 | +8.6% | +72.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PXLW and TRON good diversifiers for each other?
Somewhat, no more. With 0.59 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between PXLW and TRON?
The PXLW/TRON correlation stands at 0.59 on a 3-year window (1 year: 0.35, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is TRON a good diversifier for PXLW?
Somewhat, no more. With 0.59 correlation, most large moves hit both names, and the diversification benefit stays modest.
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/pxlw-vs-tron.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/pxlw-vs-tron/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PXLW correlations · TRON correlations
