SERV vs TKNO: Correlation
Serve Robotics Inc. (SERV) and Alpha Teknova, Inc. (TKNO) show a moderate relationship: their 3-year correlation of weekly returns is 0.50.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SERV and TKNO?
Across a 3-year window, the weekly returns of SERV and TKNO correlate at 0.50, moderate. The past 12 months show a weaker link (0.22) than the 3-year average (0.50). Stretching to 5 years gives n/a, with an annualized covariance of 10228.6 %².
By 3-year correlation, TKNO places #7 of the 20 assets tracked against SERV. The last year tells two different stories: TKNO led by 122.3 percentage points, -58.0% for SERV against +64.3% for TKNO. Risk is not evenly split, since SERV carries 1.7 times the volatility of the other side.
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.
SERV vs TKNO: side by side
| SERV (Serve Robotics Inc.) | TKNO (Alpha Teknova, Inc.) | |
|---|---|---|
| 1-year return | -58.0% | +64.3% |
| 5-year return | n/a | -61.5% |
| Volatility (ann.) | 186.9% | 107.9% |
| Beta vs S&P 500 | 1.18 | 1.10 |
| Max drawdown (3Y) | -92.4% | -79.6% |
| Market cap | $0.4B | $0.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SERV | TKNO |
|---|---|---|
| 2022 | – | -72.5% |
| 2023 | – | -33.9% |
| 2024 | – | +123.9% |
| 2025 | -23.1% | -54.5% |
| 2026 | -53.0% | +92.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SERV and TKNO good diversifiers for each other?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between SERV and TKNO?
Using weekly returns as of 2026-08-27: 0.50 over 3 years, with 0.22 over the last year and n/a over 5 years.
Is TKNO a good diversifier for SERV?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.50 mean?
On the −1 to +1 scale, 0.50 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/serv-vs-tkno.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/serv-vs-tkno/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: SERV correlations · TKNO correlations
