TEO vs VNCE: Correlation
Telecom Argentina SA (TEO) and Vince Holding Corp. (VNCE) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TEO and VNCE?
Over the past 3 years, TEO and VNCE moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.25 lands near the 3-year figure. Over 5 years the correlation is -0.19, and the annualized covariance of weekly returns is -2228.2 %².
Among the 10 assets we track against TEO, VNCE sits near the bottom by co-movement, at rank #10. Correlation aside, the last 12 months split them widely, with VNCE ahead by 396.2 points (+53.8% versus +450.0%). One caveat on sizing: VNCE is 2.7 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.
TEO vs VNCE: side by side
| TEO (Telecom Argentina SA) | VNCE (Vince Holding Corp.) | |
|---|---|---|
| 1-year return | +53.8% | +450.0% |
| 5-year return | +180.0% | +11.6% |
| Volatility (ann.) | 62.0% | 166.2% |
| Beta vs S&P 500 | 0.67 | 1.03 |
| Max drawdown (3Y) | -54.0% | -74.8% |
| Market cap | – | $0.1B |
| P/E (trailing) | 10.9 | 11.2 |
| Dividend yield | 102.04% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | TEO | VNCE |
|---|---|---|
| 2022 | +14.3% | -1.8% |
| 2023 | +37.9% | -55.8% |
| 2024 | +79.3% | +5.2% |
| 2025 | -7.8% | +12.1% |
| 2026 | +12.2% | +91.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TEO and VNCE good diversifiers for each other?
Yes. With a correlation of -0.22, TEO and VNCE have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between TEO and VNCE?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.25 over the last year and -0.19 over 5 years.
Is VNCE a good diversifier for TEO?
Yes. With a correlation of -0.22, TEO and VNCE have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 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/teo-vs-vnce.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/teo-vs-vnce/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: TEO correlations · VNCE correlations
