SNES vs SSM: Correlation
SenesTech, Inc. (SNES) and Sono Group N.V. (SSM) show a moderate relationship: their 3-year correlation of weekly returns is 0.34.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SNES and SSM?
Across a 3-year window, the weekly returns of SNES and SSM correlate at 0.34, moderate. The link has loosened recently: the 1-year correlation (0.02) runs below the 3-year figure (0.34). Stretching to 5 years gives 0.31, with an annualized covariance of 43146.5 %².
By 3-year correlation, SSM places #5 of the 11 assets tracked against SNES. The last year tells two different stories: SSM led by 26.2 percentage points, -76.7% for SNES against -50.5% for SSM. Risk is not evenly split, since SSM carries 11.5 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.
SNES vs SSM: side by side
| SNES (SenesTech, Inc.) | SSM (Sono Group N.V.) | |
|---|---|---|
| 1-year return | -76.7% | -50.5% |
| 5-year return | -100.0% | -99.9% |
| Volatility (ann.) | 104.7% | 1204.8% |
| Beta vs S&P 500 | 1.31 | 0.56 |
| Max drawdown (3Y) | -98.5% | -99.4% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SNES | SSM |
|---|---|---|
| 2022 | -84.2% | -89.8% |
| 2023 | -96.6% | -93.9% |
| 2024 | -73.9% | -16.7% |
| 2025 | -35.3% | +86.7% |
| 2026 | -48.6% | -61.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SNES and SSM good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between SNES and SSM?
The SNES/SSM correlation stands at 0.34 on a 3-year window (1 year: 0.02, 5 years: 0.31), computed from weekly returns as of 2026-08-27.
Is SSM a good diversifier for SNES?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.34 mean?
On the −1 to +1 scale, 0.34 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/snes-vs-ssm.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/snes-vs-ssm/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: SNES correlations · SSM correlations
