RR vs SYPR: Correlation
Richtech Robotics Inc. (RR) and Sypris Solutions, Inc. (SYPR) show a moderate relationship: their 3-year correlation of weekly returns is 0.35.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RR and SYPR?
Over the past 3 years, RR and SYPR moved with a correlation of 0.35, which is moderate. The relationship has been stable: the 1-year correlation (0.32) sits close to the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 3263.3 %².
Among the 21 assets we track against RR, SYPR ranks #13 by 3-year correlation. The last year tells two different stories: SYPR led by 26.6 percentage points, -41.1% for RR against -14.5% for SYPR. Risk is not evenly split, since RR carries 2.6 times the volatility of the other side.
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.
RR vs SYPR: side by side
| RR (Richtech Robotics Inc.) | SYPR (Sypris Solutions, Inc.) | |
|---|---|---|
| 1-year return | -41.1% | -14.5% |
| 5-year return | n/a | -55.9% |
| Volatility (ann.) | 155.1% | 59.0% |
| Beta vs S&P 500 | 2.22 | 0.58 |
| Max drawdown (3Y) | -96.7% | -59.1% |
| Market cap | $0.4B | – |
| P/E (trailing) | 27.9 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RR | SYPR |
|---|---|---|
| 2022 | – | -16.7% |
| 2023 | – | -1.0% |
| 2024 | -54.6% | -12.3% |
| 2025 | +19.6% | +37.1% |
| 2026 | -39.6% | -29.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RR and SYPR good diversifiers for each other?
Reasonably. At 0.35, RR and SYPR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between RR and SYPR?
Using weekly returns as of 2026-08-27: 0.35 over 3 years, with 0.32 over the last year and n/a over 5 years.
Is SYPR a good diversifier for RR?
Reasonably. At 0.35, RR and SYPR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.35 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/rr-vs-sypr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/rr-vs-sypr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: RR correlations · SYPR correlations
