SVCO vs TVGN: Correlation
How closely do Silvaco Group, Inc. (SVCO) and Tevogen Inc. (TVGN) 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 SVCO and TVGN?
Across a 3-year window, the weekly returns of SVCO and TVGN correlate at -0.29, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.12) runs above the 3-year figure (-0.29). Stretching to 5 years gives n/a, with an annualized covariance of -5961.3 %².
TVGN is close to the least connected end of SVCO's tracked universe, ranking #25 of 27. The last year tells two different stories: SVCO led by 132.5 percentage points, +47.2% for SVCO against -85.3% for TVGN. One caveat on sizing: TVGN is 3.0 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.
SVCO vs TVGN: side by side
| SVCO (Silvaco Group, Inc.) | TVGN (Tevogen Inc.) | |
|---|---|---|
| 1-year return | +47.2% | -85.3% |
| 5-year return | n/a | -98.6% |
| Volatility (ann.) | 80.2% | 242.2% |
| Beta vs S&P 500 | 1.47 | 0.66 |
| Max drawdown (3Y) | -83.8% | -99.3% |
| Market cap | $0.2B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SVCO | TVGN |
|---|---|---|
| 2023 | – | +7.7% |
| 2024 | – | -90.7% |
| 2025 | -49.9% | -67.9% |
| 2026 | +78.8% | -59.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SVCO and TVGN 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 SVCO and TVGN?
As of 2026-08-27, the correlation of weekly returns between SVCO and TVGN is -0.29 over 3 years, 0.12 over 1 year and n/a over 5 years.
Is TVGN a good diversifier for SVCO?
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?
A reading of -0.29 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/svco-vs-tvgn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/svco-vs-tvgn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: SVCO correlations · TVGN correlations
