TISI vs UAVS: Correlation
How closely do Team, Inc. (TISI) and AgEagle Aerial Systems, Inc. (UAVS) trade together? Their weekly returns over three years give a correlation of -0.19, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TISI and UAVS?
Over the past 3 years, TISI and UAVS moved with a correlation of -0.19, which is negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.02) than the 3-year average (-0.19). Over 5 years the correlation is -0.06, and the annualized covariance of weekly returns is -1887.1 %².
Within TISI's tracked universe of 15 assets, UAVS comes in at #9 by 3-year correlation. The last year tells two different stories: TISI led by 65.3 percentage points, +23.0% for TISI against -42.3% for UAVS. Note the risk asymmetry: UAVS runs 2.1 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
TISI vs UAVS: side by side
| TISI (Team, Inc.) | UAVS (AgEagle Aerial Systems, Inc.) | |
|---|---|---|
| 1-year return | +23.0% | -42.3% |
| 5-year return | -43.8% | -100.0% |
| Volatility (ann.) | 70.2% | 145.0% |
| Beta vs S&P 500 | 0.22 | 2.34 |
| Max drawdown (3Y) | -50.0% | -99.7% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | TISI | UAVS |
|---|---|---|
| 2022 | -51.8% | -77.7% |
| 2023 | +25.7% | -71.4% |
| 2024 | +92.1% | -96.5% |
| 2025 | +11.4% | -76.7% |
| 2026 | +69.4% | +38.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TISI and UAVS good diversifiers for each other?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
FAQ
What is the correlation between TISI and UAVS?
The TISI/UAVS correlation stands at -0.19 on a 3-year window (1 year: 0.02, 5 years: -0.06), computed from weekly returns as of 2026-08-27.
Is UAVS a good diversifier for TISI?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
What does a correlation of -0.19 mean?
On the −1 to +1 scale, -0.19 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/tisi-vs-uavs.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/tisi-vs-uavs/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: TISI correlations · UAVS correlations
