SGLY vs TKC: Correlation
Singularity Future Technology Ltd. (SGLY) and Turkcell Iletisim Hizmetleri AS (TKC) show a negative relationship: their 3-year correlation of weekly returns is -0.23.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SGLY and TKC?
On 3 years of weekly data the SGLY/TKC correlation comes out at -0.23, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.04) than the 3-year average (-0.23). The 5-year figure is -0.09, and annualized covariance runs at -1099.3 %².
Out of 11 assets tracked against SGLY, TKC lands near the bottom at #10. Correlation aside, the last 12 months split them widely, with TKC ahead by 74.3 points (-86.9% versus -12.6%). Risk is not evenly split, since SGLY carries 4.5 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.
SGLY vs TKC: side by side
| SGLY (Singularity Future Technology Ltd.) | TKC (Turkcell Iletisim Hizmetleri AS) | |
|---|---|---|
| 1-year return | -86.9% | -12.6% |
| 5-year return | -99.5% | +30.6% |
| Volatility (ann.) | 146.7% | 32.9% |
| Beta vs S&P 500 | 1.68 | 0.45 |
| Max drawdown (3Y) | -98.0% | -28.5% |
| Market cap | – | $4.7B |
| P/E (trailing) | – | 12.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SGLY | TKC |
|---|---|---|
| 2022 | -91.2% | +38.2% |
| 2023 | +28.6% | +2.5% |
| 2024 | -70.0% | +44.5% |
| 2025 | -60.5% | -14.3% |
| 2026 | -77.3% | -1.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SGLY and TKC good diversifiers for each other?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between SGLY and TKC?
The SGLY/TKC correlation stands at -0.23 on a 3-year window (1 year: -0.04, 5 years: -0.09), computed from weekly returns as of 2026-08-27.
Is TKC a good diversifier for SGLY?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.23 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/sgly-vs-tkc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/sgly-vs-tkc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: SGLY correlations · TKC correlations
