PairBook
HomeSER › SER vs TRGP

SER vs TRGP: Correlation

Measured on weekly returns over the past three years, Serina Therapeutics, Inc. (SER) and Targa Resources (TRGP) carry a correlation of -0.19, a negative link.

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

Correlation (3Y)
-0.19
negative
Correlation (1Y)
-0.21
last 12 months
Correlation (5Y)
-0.07
long-run
Ann. covariance
-585.9
%² · weekly, annualized

How correlated are SER and TRGP?

On 3 years of weekly data the SER/TRGP correlation comes out at -0.19, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.21 over 1 year against -0.19 over 3. The 5-year figure is -0.07, and annualized covariance runs at -585.9 %².

Within SER's tracked universe of 22 assets, TRGP comes in at #14 by 3-year correlation. Correlation aside, the last 12 months split them widely, with TRGP ahead by 128.2 points (-49.5% versus +78.7%). Note the risk asymmetry: SER runs 3.1 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 TRGP: side by side

SER (Serina Therapeutics, Inc.)TRGP (Targa Resources)
1-year return-49.5%+78.7%
5-year return-93.1%+626.8%
Volatility (ann.)98.4%31.5%
Beta vs S&P 500-0.300.44
Max drawdown (3Y)-95.5%-31.6%
Market cap$0.1B$62.0B
P/E (trailing)28.1
Dividend yield0.00%1.53%
Sector / categoryUS ListedEnergy
Higher yield: TRGP 1.53% vs 0.00%Smaller drawdown: TRGP -31.6% vs -95.5%Higher 5y return: TRGP +626.8% vs -93.1%
-70%0%+88%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. SER · TRGP

Year-by-year returns

YearSERTRGP
2022-49.4%+43.7%
2023-30.3%+21.0%
2024-63.6%+110.1%
2025-61.8%+5.7%
2026+31.7%+58.9%

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

Are SER and TRGP good diversifiers for each other?

By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.

FAQ

What is the correlation between SER and TRGP?

Using weekly returns as of 2026-08-27: -0.19 over 3 years, with -0.21 over the last year and -0.07 over 5 years.

Is TRGP a good diversifier for SER?

By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.

What does a correlation of -0.19 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/ser-vs-trgp.json

SER vs TRGP: 3-year weekly correlation -0.19SER vs TRGP-0.19

Embed this badge (it refreshes with the data), with attribution:

[![SER vs TRGP correlation](https://www.pairbook.io/api/v1/badge/ser-vs-trgp.svg)](https://www.pairbook.io/pair/ser-vs-trgp/)

The core API is free. Terms and every endpoint in the API documentation.

Related comparisons

Hubs: SER correlations · TRGP correlations