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QUBT vs SNT: Correlation

Measured on weekly returns over the past three years, Quantum Computing Inc. (QUBT) and Senstar Technologies Corporation (SNT) carry a correlation of 0.46, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.46
moderate
Correlation (1Y)
-0.08
last 12 months
Correlation (5Y)
0.43
long-run
Ann. covariance
4899.3
%² · weekly, annualized

How correlated are QUBT and SNT?

On 3 years of weekly data the QUBT/SNT correlation comes out at 0.46, moderate. Lately the two have drifted apart, with the 1-year correlation at -0.08 versus 0.46 over 3 years. The 5-year figure is 0.43, and annualized covariance runs at 4899.3 %².

Within QUBT's tracked universe of 20 assets, SNT comes in at #8 by 3-year correlation. Correlation aside, the last 12 months split them widely, with QUBT ahead by 20.4 points (-41.6% versus -62.0%). Note the risk asymmetry: QUBT runs 2.4 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.

QUBT vs SNT: side by side

QUBT (Quantum Computing Inc.)SNT (Senstar Technologies Corporation)
1-year return-41.6%-62.0%
5-year return+13.8%-57.3%
Volatility (ann.)160.7%66.2%
Beta vs S&P 5002.310.71
Max drawdown (3Y)-82.4%-69.2%
Market cap$2.0B
P/E (trailing)85.5
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: SNT -69.2% vs -82.4%Higher 5y return: QUBT +13.8% vs -57.3%
-63%0%+63%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. QUBT · SNT

Year-by-year returns

YearQUBTSNT
2022-55.7%-57.7%
2023-39.5%+2.4%
2024+1712.7%+166.7%
2025-38.0%+40.4%
2026-15.7%-64.6%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are QUBT and SNT good diversifiers for each other?

Reasonably. At 0.46, QUBT and SNT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between QUBT and SNT?

Using weekly returns as of 2026-08-27: 0.46 over 3 years, with -0.08 over the last year and 0.43 over 5 years.

Is SNT a good diversifier for QUBT?

Reasonably. At 0.46, QUBT and SNT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.46 mean?

A reading of 0.46 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/qubt-vs-snt.json

QUBT vs SNT: 3-year weekly correlation 0.46QUBT vs SNT0.46

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Hubs: QUBT correlations · SNT correlations