SEGG vs TOP: Correlation
How closely do Sports Entertainment Gaming Global Corporation (SEGG) and TOP Financial Group Limited - Class A (TOP) trade together? Their weekly returns over three years give a correlation of 0.62, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SEGG and TOP?
Across a 3-year window, the weekly returns of SEGG and TOP correlate at 0.62, strong. Lately the two have moved closer together, with the 1-year correlation at 0.89 versus 0.62 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of 55105.0 %².
TOP is one of the assets that tracks SEGG most closely: it ranks #1 out of the 29 assets we track against SEGG. The last year tells two different stories: TOP led by 1274.7 percentage points, -56.8% for SEGG against +1217.9% for TOP. One caveat on sizing: SEGG is 1.7 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
SEGG vs TOP: side by side
| SEGG (Sports Entertainment Gaming Global Corporation) | TOP (TOP Financial Group Limited - Class A) | |
|---|---|---|
| 1-year return | -56.8% | +1217.9% |
| 5-year return | n/a | -9.2% |
| Volatility (ann.) | 389.2% | 230.2% |
| Beta vs S&P 500 | 0.24 | 1.60 |
| Max drawdown (3Y) | -98.9% | -89.6% |
| Market cap | – | $1.9B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SEGG | TOP |
|---|---|---|
| 2023 | – | -22.5% |
| 2024 | -82.1% | -59.5% |
| 2025 | -84.9% | -34.3% |
| 2026 | +274.0% | +1434.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SEGG and TOP good diversifiers for each other?
Somewhat, no more. With 0.62 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between SEGG and TOP?
Using weekly returns as of 2026-08-27: 0.62 over 3 years, with 0.89 over the last year and n/a over 5 years.
Is TOP a good diversifier for SEGG?
Somewhat, no more. With 0.62 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.62 mean?
A reading of 0.62 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/segg-vs-top.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/segg-vs-top/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: SEGG correlations · TOP correlations
