PYT vs TRSG: Correlation
How closely do PPlus Tr GSC-2 Tr Ctf Fltg Rate (PYT) and Tungray Technologies Inc - Class A (TRSG) trade together? Their weekly returns over three years give a correlation of -0.31, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PYT and TRSG?
On 3 years of weekly data the PYT/TRSG correlation comes out at -0.31, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.24 lands near the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at -247.3 %².
Out of 11 assets tracked against PYT, TRSG lands near the bottom at #11. Over the last 12 months PYT came out ahead by 12.9 percentage points (+5.1% against -7.8%). Note the risk asymmetry: TRSG runs 9.5 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.
PYT vs TRSG: side by side
| PYT (PPlus Tr GSC-2 Tr Ctf Fltg Rate) | TRSG (Tungray Technologies Inc - Class A) | |
|---|---|---|
| 1-year return | +5.1% | -7.8% |
| 5-year return | +19.5% | n/a |
| Volatility (ann.) | 9.7% | 92.3% |
| Beta vs S&P 500 | 0.15 | 0.67 |
| Max drawdown (3Y) | -6.1% | -86.3% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | – | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PYT | TRSG |
|---|---|---|
| 2022 | -14.1% | – |
| 2023 | +10.8% | – |
| 2024 | +8.3% | – |
| 2025 | +8.2% | -49.2% |
| 2026 | +4.7% | +36.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PYT and TRSG good diversifiers for each other?
Yes. With a correlation of -0.31, PYT and TRSG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between PYT and TRSG?
The PYT/TRSG correlation stands at -0.31 on a 3-year window (1 year: -0.24, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is TRSG a good diversifier for PYT?
Yes. With a correlation of -0.31, PYT and TRSG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.31 mean?
A reading of -0.31 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/pyt-vs-trsg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/pyt-vs-trsg/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: PYT correlations · TRSG correlations
