SER vs TONX: Correlation
How closely do Serina Therapeutics, Inc. (SER) and TON Strategy Company (TONX) trade together? Their weekly returns over three years give a correlation of 0.33, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SER and TONX?
Across a 3-year window, the weekly returns of SER and TONX correlate at 0.33, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.13 versus 0.33 over 3 years. Stretching to 5 years gives 0.23, with an annualized covariance of 5887.0 %².
Few assets follow SER as closely as TONX, which ranks #3 of 22 tracked partners. Their recent paths diverged sharply: over the last 12 months SER outperformed by 27.7 percentage points (-49.5% for SER against -77.2% for TONX). Note the risk asymmetry: TONX runs 1.9 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.
SER vs TONX: side by side
| SER (Serina Therapeutics, Inc.) | TONX (TON Strategy Company) | |
|---|---|---|
| 1-year return | -49.5% | -77.2% |
| 5-year return | -93.1% | -100.0% |
| Volatility (ann.) | 98.4% | 182.6% |
| Beta vs S&P 500 | -0.30 | 1.57 |
| Max drawdown (3Y) | -95.5% | -99.7% |
| Market cap | $0.1B | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SER | TONX |
|---|---|---|
| 2022 | -49.4% | -86.8% |
| 2023 | -30.3% | -97.4% |
| 2024 | -63.6% | -81.0% |
| 2025 | -61.8% | -69.6% |
| 2026 | +31.7% | +71.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SER and TONX good diversifiers for each other?
Reasonably. At 0.33, SER and TONX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between SER and TONX?
As of 2026-08-27, the correlation of weekly returns between SER and TONX is 0.33 over 3 years, 0.13 over 1 year and 0.23 over 5 years.
Is TONX a good diversifier for SER?
Reasonably. At 0.33, SER and TONX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.33 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/ser-vs-tonx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ser-vs-tonx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: SER correlations · TONX correlations
