SKYA vs TRSG: Correlation
How closely do SkyAI, Inc. (SKYA) and Tungray Technologies Inc - Class A (TRSG) trade together? Their weekly returns over three years give a correlation of -0.29, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SKYA and TRSG?
On 3 years of weekly data the SKYA/TRSG correlation comes out at -0.29, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.21) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at -4195.5 %².
Among the 13 assets we track against SKYA, TRSG sits near the bottom by co-movement, at rank #12. Correlation aside, the last 12 months split them widely, with TRSG ahead by 82.3 points (-90.1% versus -7.8%). Note the risk asymmetry: SKYA runs 1.6 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.
SKYA vs TRSG: side by side
| SKYA (SkyAI, Inc.) | TRSG (Tungray Technologies Inc - Class A) | |
|---|---|---|
| 1-year return | -90.1% | -7.8% |
| 5-year return | -100.0% | n/a |
| Volatility (ann.) | 144.3% | 92.3% |
| Beta vs S&P 500 | 1.21 | 0.67 |
| Max drawdown (3Y) | -100.0% | -86.3% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SKYA | TRSG |
|---|---|---|
| 2023 | -65.6% | – |
| 2024 | -77.5% | – |
| 2025 | -99.7% | -49.2% |
| 2026 | -27.6% | +36.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SKYA and TRSG good diversifiers for each other?
By historical standards, yes. A correlation of -0.29 means the two rarely move for the same reasons.
FAQ
What is the correlation between SKYA and TRSG?
The SKYA/TRSG correlation stands at -0.29 on a 3-year window (1 year: -0.21, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is TRSG a good diversifier for SKYA?
By historical standards, yes. A correlation of -0.29 means the two rarely move for the same reasons.
What does a correlation of -0.29 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/skya-vs-trsg.json
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Related comparisons
Hubs: SKYA correlations · TRSG correlations
