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RXST vs S: Correlation

RxSight, Inc. (RXST) and SentinelOne, Inc. (S) show a moderate relationship: their 3-year correlation of weekly returns is 0.39.

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

Correlation (3Y)
0.39
moderate
Correlation (1Y)
0.23
last 12 months
Correlation (5Y)
0.29
long-run
Ann. covariance
1248.9
%² · weekly, annualized

How correlated are RXST and S?

Over the past 3 years, RXST and S moved with a correlation of 0.39, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.23 versus 0.39 over 3 years. Over 5 years the correlation is 0.29, and the annualized covariance of weekly returns is 1248.9 %².

By 3-year correlation, S places #5 of the 12 assets tracked against RXST. Their recent paths diverged sharply: over the last 12 months S outperformed by 55.1 percentage points (-22.7% for RXST against +32.4% for S).

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.

RXST vs S: side by side

RXST (RxSight, Inc.)S (SentinelOne, Inc.)
1-year return-22.7%+32.4%
5-year return-57.2%-65.2%
Volatility (ann.)65.8%48.4%
Beta vs S&P 5001.401.43
Max drawdown (3Y)-92.9%-60.2%
Market cap$0.3B$7.8B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: S -60.2% vs -92.9%Higher 5y return: RXST -57.2% vs -65.2%
-47%0%+42%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). RXST · S

Year-by-year returns

YearRXSTS
2022+12.6%-71.1%
2023+218.2%+88.1%
2024-14.7%-19.1%
2025-69.7%-32.4%
2026-36.6%+51.4%

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

Are RXST and S good diversifiers for each other?

Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.

FAQ

What is the correlation between RXST and S?

Using weekly returns as of 2026-08-27: 0.39 over 3 years, with 0.23 over the last year and 0.29 over 5 years.

Is S a good diversifier for RXST?

Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.

What does a correlation of 0.39 mean?

A reading of 0.39 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

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$ curl https://www.pairbook.io/api/v1/pairs/rxst-vs-s.json

RXST vs S: 3-year weekly correlation 0.39RXST vs S0.39

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Related comparisons

Hubs: RXST correlations · S correlations