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SOAR vs STI: Correlation

How closely do Volato Group, Inc. (SOAR) and Solidion Technology, Inc. (STI) trade together? Their weekly returns over three years give a correlation of 0.45, which is moderate.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.45
moderate
Correlation (1Y)
0.65
last 12 months
Correlation (5Y)
0.45
long-run
Ann. covariance
29037.0
%² · weekly, annualized

How correlated are SOAR and STI?

On 3 years of weekly data the SOAR/STI correlation comes out at 0.45, moderate. The past 12 months show a tighter link (0.65) than the 3-year average (0.45). The 5-year figure is 0.45, and annualized covariance runs at 29037.0 %².

Few assets follow SOAR as closely as STI, which ranks #2 of 10 tracked partners. Correlation aside, the last 12 months split them widely, with STI ahead by 232.3 points (-86.9% versus +145.4%). One caveat on sizing: STI is 3.3 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.

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.

SOAR vs STI: side by side

SOAR (Volato Group, Inc.)STI (Solidion Technology, Inc.)
1-year return-86.9%+145.4%
5-year return-99.9%-98.5%
Volatility (ann.)140.6%458.4%
Beta vs S&P 5001.26-1.02
Max drawdown (3Y)-100.0%-99.5%
Market cap$0.1B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: STI -99.5% vs -100.0%Higher 5y return: STI -98.5% vs -99.9%
-90%0%+503%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). SOAR · STI

Year-by-year returns

YearSOARSTI
2023-62.9%-24.1%
2024-93.5%-90.9%
2025-88.2%-79.7%
2026-68.0%+9.0%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are SOAR and STI good diversifiers for each other?

A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between SOAR and STI?

The SOAR/STI correlation stands at 0.45 on a 3-year window (1 year: 0.65, 5 years: 0.45), computed from weekly returns as of 2026-08-27.

Is STI a good diversifier for SOAR?

A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.45 mean?

On the −1 to +1 scale, 0.45 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

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$ curl https://www.pairbook.io/api/v1/pairs/soar-vs-sti.json

SOAR vs STI: 3-year weekly correlation 0.45SOAR vs STI0.45

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Related comparisons

Hubs: SOAR correlations · STI correlations