TPST vs TYGO: Correlation
Measured on weekly returns over the past three years, Tempest Therapeutics, Inc. (TPST) and Tigo Energy, Inc. (TYGO) carry a correlation of -0.25, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TPST and TYGO?
On 3 years of weekly data the TPST/TYGO correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.04) than the 3-year average (-0.25). The 5-year figure is -0.23, and annualized covariance runs at -19769.5 %².
Within TPST's tracked universe of 31 assets, TYGO comes in at #18 by 3-year correlation. The last year tells two different stories: TYGO led by 71.6 percentage points, -90.0% for TPST against -18.4% for TYGO. Note the risk asymmetry: TPST runs 7.8 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.
TPST vs TYGO: side by side
| TPST (Tempest Therapeutics, Inc.) | TYGO (Tigo Energy, Inc.) | |
|---|---|---|
| 1-year return | -90.0% | -18.4% |
| 5-year return | -99.4% | -88.7% |
| Volatility (ann.) | 782.8% | 100.4% |
| Beta vs S&P 500 | 1.97 | 0.62 |
| Max drawdown (3Y) | -99.3% | -94.1% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | 6.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | TPST | TYGO |
|---|---|---|
| 2022 | -78.2% | +3.0% |
| 2023 | +282.6% | -79.5% |
| 2024 | -81.0% | -52.9% |
| 2025 | -73.6% | +40.1% |
| 2026 | -62.4% | -19.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TPST and TYGO good diversifiers for each other?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between TPST and TYGO?
The TPST/TYGO correlation stands at -0.25 on a 3-year window (1 year: -0.04, 5 years: -0.23), computed from weekly returns as of 2026-08-27.
Is TYGO a good diversifier for TPST?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.25 mean?
A reading of -0.25 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: TPST correlations · TYGO correlations
