QUCY vs TGEN: Correlation
Measured on weekly returns over the past three years, Quantum Cyber N.V. (QUCY) and Tecogen Inc. (TGEN) carry a correlation of 0.49, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are QUCY and TGEN?
Over the past 3 years, QUCY and TGEN moved with a correlation of 0.49, which is moderate. Little has changed lately, as the 1-year reading of 0.41 lands near the 3-year figure. Over 5 years the correlation is 0.44, and the annualized covariance of weekly returns is 95169.3 %².
By 3-year correlation, TGEN places #6 of the 30 assets tracked against QUCY. Correlation aside, the last 12 months split them widely, with QUCY ahead by 50.5 points (-9.3% versus -59.8%). Note the risk asymmetry: QUCY runs 17.3 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.
QUCY vs TGEN: side by side
| QUCY (Quantum Cyber N.V.) | TGEN (Tecogen Inc.) | |
|---|---|---|
| 1-year return | -9.3% | -59.8% |
| 5-year return | -94.4% | +76.1% |
| Volatility (ann.) | 1840.9% | 106.2% |
| Beta vs S&P 500 | 3.76 | 1.92 |
| Max drawdown (3Y) | -95.9% | -83.4% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | QUCY | TGEN |
|---|---|---|
| 2022 | -31.7% | +4.2% |
| 2023 | -83.7% | -35.2% |
| 2024 | +272.4% | +80.9% |
| 2025 | -74.1% | +237.2% |
| 2026 | +31.3% | -35.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are QUCY and TGEN good diversifiers for each other?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between QUCY and TGEN?
As of 2026-08-27, the correlation of weekly returns between QUCY and TGEN is 0.49 over 3 years, 0.41 over 1 year and 0.44 over 5 years.
Is TGEN a good diversifier for QUCY?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.49 mean?
On the −1 to +1 scale, 0.49 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/qucy-vs-tgen.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/qucy-vs-tgen/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: QUCY correlations · TGEN correlations
