STEX vs TPCS: Correlation
How closely do Streamex Corp. (STEX) and TechPrecision Corporation (TPCS) trade together? Their weekly returns over three years give a correlation of 0.38, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are STEX and TPCS?
On 3 years of weekly data the STEX/TPCS correlation comes out at 0.38, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.27 versus 0.38 over 3 years. The 5-year figure is 0.30, and annualized covariance runs at 5082.2 %².
Among the 13 assets we track against STEX, TPCS ranks #4 by 3-year correlation. The last year tells two different stories: TPCS led by 86.2 percentage points, -82.7% for STEX against +3.5% for TPCS. One caveat on sizing: STEX is 2.6 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.
STEX vs TPCS: side by side
| STEX (Streamex Corp.) | TPCS (TechPrecision Corporation) | |
|---|---|---|
| 1-year return | -82.7% | +3.5% |
| 5-year return | -97.3% | -11.6% |
| Volatility (ann.) | 188.3% | 71.2% |
| Beta vs S&P 500 | 1.71 | 0.74 |
| Max drawdown (3Y) | -96.0% | -71.6% |
| Market cap | $0.2B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | STEX | TPCS |
|---|---|---|
| 2022 | -81.2% | +2.0% |
| 2023 | +13.1% | -37.4% |
| 2024 | -68.6% | -29.5% |
| 2025 | +103.4% | +32.3% |
| 2026 | -72.7% | +14.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are STEX and TPCS good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between STEX and TPCS?
The STEX/TPCS correlation stands at 0.38 on a 3-year window (1 year: 0.27, 5 years: 0.30), computed from weekly returns as of 2026-08-27.
Is TPCS a good diversifier for STEX?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.38 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/stex-vs-tpcs.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/stex-vs-tpcs/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: STEX correlations · TPCS correlations
