SINT vs THCH: Correlation
Measured on weekly returns over the past three years, SiNtx Technologies, Inc. (SINT) and TH International Limited (THCH) carry a correlation of 0.43, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SINT and THCH?
Across a 3-year window, the weekly returns of SINT and THCH correlate at 0.43, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.22 versus 0.43 over 3 years. Stretching to 5 years gives 0.21, with an annualized covariance of 4430.7 %².
Within SINT's tracked universe of 11 assets, THCH comes in at #5 by 3-year correlation. On 12-month performance THCH holds a 10.9-point edge, -59.5% against -48.6%. Note the risk asymmetry: SINT runs 2.5 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.
SINT vs THCH: side by side
| SINT (SiNtx Technologies, Inc.) | THCH (TH International Limited) | |
|---|---|---|
| 1-year return | -59.5% | -48.6% |
| 5-year return | -100.0% | -97.4% |
| Volatility (ann.) | 162.0% | 64.2% |
| Beta vs S&P 500 | 2.00 | 0.34 |
| Max drawdown (3Y) | -99.3% | -90.7% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SINT | THCH |
|---|---|---|
| 2022 | -84.9% | -71.7% |
| 2023 | -96.1% | -37.1% |
| 2024 | -95.4% | -59.4% |
| 2025 | +10.3% | -29.9% |
| 2026 | -60.4% | -49.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SINT and THCH good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between SINT and THCH?
Using weekly returns as of 2026-08-27: 0.43 over 3 years, with 0.22 over the last year and 0.21 over 5 years.
Is THCH a good diversifier for SINT?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.43 mean?
A reading of 0.43 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/sint-vs-thch.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/sint-vs-thch/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: SINT correlations · THCH correlations
