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TROO vs VLN: Correlation

TROOPS, Inc. (TROO) and Valens Semiconductor Ltd. (VLN) show a weak relationship: their 3-year correlation of weekly returns is 0.27.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.27
weak
Correlation (1Y)
0.53
last 12 months
Correlation (5Y)
0.23
long-run
Ann. covariance
2206.5
%² · weekly, annualized

How correlated are TROO and VLN?

On 3 years of weekly data the TROO/VLN correlation comes out at 0.27, weak. Lately the two have moved closer together, with the 1-year correlation at 0.53 versus 0.27 over 3 years. The 5-year figure is 0.23, and annualized covariance runs at 2206.5 %².

By 3-year correlation, VLN places #5 of the 13 assets tracked against TROO. Their recent paths diverged sharply: over the last 12 months TROO outperformed by 102.1 percentage points (+94.7% for TROO against -7.4% for VLN).

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.

TROO vs VLN: side by side

TROO (TROOPS, Inc.)VLN (Valens Semiconductor Ltd.)
1-year return+94.7%-7.4%
5-year return-73.3%-74.7%
Volatility (ann.)104.4%79.0%
Beta vs S&P 5000.542.08
Max drawdown (3Y)-89.5%-67.9%
Market cap$0.3B$0.2B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: VLN -67.9% vs -89.5%Higher 5y return: TROO -73.3% vs -74.7%
-41%0%+356%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. TROO · VLN

Year-by-year returns

YearTROOVLN
2022-55.6%-30.3%
2023+37.2%-54.4%
2024-45.2%+6.1%
2025+95.1%-45.4%
2026-31.2%+31.7%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are TROO and VLN good diversifiers for each other?

Reasonably. At 0.27, TROO and VLN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between TROO and VLN?

As of 2026-08-27, the correlation of weekly returns between TROO and VLN is 0.27 over 3 years, 0.53 over 1 year and 0.23 over 5 years.

Is VLN a good diversifier for TROO?

Reasonably. At 0.27, TROO and VLN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.27 mean?

A reading of 0.27 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/troo-vs-vln.json

TROO vs VLN: 3-year weekly correlation 0.27TROO vs VLN0.27

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Related comparisons

Hubs: TROO correlations · VLN correlations