TISI vs USGO: Correlation
Team, Inc. (TISI) and U.S. GoldMining Inc. (USGO) show a moderate relationship: their 3-year correlation of weekly returns is 0.36.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TISI and USGO?
On 3 years of weekly data the TISI/USGO correlation comes out at 0.36, moderate. The link has loosened recently: the 1-year correlation (-0.13) runs below the 3-year figure (0.36). The 5-year figure is n/a, and annualized covariance runs at 2163.8 %².
USGO is one of the assets that tracks TISI most closely: it ranks #2 out of the 15 assets we track against TISI. On 12-month performance TISI holds a 11.0-point edge, +23.0% against +12.0%.
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 USGO: side by side
| TISI (Team, Inc.) | USGO (U.S. GoldMining Inc.) | |
|---|---|---|
| 1-year return | +23.0% | +12.0% |
| 5-year return | -43.8% | n/a |
| Volatility (ann.) | 70.2% | 85.5% |
| Beta vs S&P 500 | 0.22 | 1.08 |
| Max drawdown (3Y) | -50.0% | -53.7% |
| 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 | USGO |
|---|---|---|
| 2022 | -51.8% | – |
| 2023 | +25.7% | – |
| 2024 | +92.1% | +17.9% |
| 2025 | +11.4% | +2.4% |
| 2026 | +69.4% | +10.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TISI and USGO good diversifiers for each other?
Reasonably. At 0.36, TISI and USGO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between TISI and USGO?
The TISI/USGO correlation stands at 0.36 on a 3-year window (1 year: -0.13, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is USGO a good diversifier for TISI?
Reasonably. At 0.36, TISI and USGO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.36 mean?
A reading of 0.36 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/tisi-vs-usgo.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/tisi-vs-usgo/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: TISI correlations · USGO correlations
