SENEB vs TRT: Correlation
How closely do Seneca Foods Corp. (SENEB) and Trio-Tech International (TRT) trade together? Their weekly returns over three years give a correlation of -0.26, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SENEB and TRT?
Across a 3-year window, the weekly returns of SENEB and TRT correlate at -0.26, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.41 versus -0.26 over 3 years. Stretching to 5 years gives -0.24, with an annualized covariance of -925.6 %².
TRT is close to the least connected end of SENEB's tracked universe, ranking #11 of 12. Correlation aside, the last 12 months split them widely, with TRT ahead by 222.6 points (+72.9% versus +295.5%). Note the risk asymmetry: TRT runs 3.2 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.
SENEB vs TRT: side by side
| SENEB (Seneca Foods Corp.) | TRT (Trio-Tech International) | |
|---|---|---|
| 1-year return | +72.9% | +295.5% |
| 5-year return | +292.8% | +365.8% |
| Volatility (ann.) | 33.7% | 107.4% |
| Beta vs S&P 500 | 0.14 | 0.18 |
| Max drawdown (3Y) | -22.4% | -54.6% |
| Market cap | $1.3B | – |
| P/E (trailing) | 11.2 | 209.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SENEB | TRT |
|---|---|---|
| 2022 | +28.5% | -66.5% |
| 2023 | -14.7% | +12.7% |
| 2024 | +53.7% | +14.6% |
| 2025 | +38.0% | +127.9% |
| 2026 | +76.8% | +58.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SENEB and TRT good diversifiers for each other?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
FAQ
What is the correlation between SENEB and TRT?
The SENEB/TRT correlation stands at -0.26 on a 3-year window (1 year: -0.41, 5 years: -0.24), computed from weekly returns as of 2026-08-27.
Is TRT a good diversifier for SENEB?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
What does a correlation of -0.26 mean?
A reading of -0.26 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/seneb-vs-trt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/seneb-vs-trt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: SENEB correlations · TRT correlations
