TSSI vs VEEA: Correlation
Measured on weekly returns over the past three years, TSS, Inc. (TSSI) and Veea Inc. (VEEA) carry a correlation of 0.31, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TSSI and VEEA?
Across a 3-year window, the weekly returns of TSSI and VEEA correlate at 0.31, moderate. Little has changed lately, as the 1-year reading of 0.21 lands near the 3-year figure. Stretching to 5 years gives 0.27, with an annualized covariance of 3741.3 %².
Out of 12 assets tracked against TSSI, VEEA lands near the bottom at #8. Correlation aside, the last 12 months split them widely, with TSSI ahead by 37.4 points (-46.0% versus -83.4%).
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.
TSSI vs VEEA: side by side
| TSSI (TSS, Inc.) | VEEA (Veea Inc.) | |
|---|---|---|
| 1-year return | -46.0% | -83.4% |
| 5-year return | +1305.0% | -99.0% |
| Volatility (ann.) | 133.4% | 89.4% |
| Beta vs S&P 500 | 3.46 | 1.23 |
| Max drawdown (3Y) | -77.7% | -99.2% |
| Market cap | $0.2B | – |
| P/E (trailing) | 16.2 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | TSSI | VEEA |
|---|---|---|
| 2022 | +24.4% | +3.6% |
| 2023 | -51.8% | +7.6% |
| 2024 | +4292.6% | -64.9% |
| 2025 | -40.4% | -83.3% |
| 2026 | +19.2% | -84.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TSSI and VEEA good diversifiers for each other?
A fair diversifier. At 0.31, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between TSSI and VEEA?
The TSSI/VEEA correlation stands at 0.31 on a 3-year window (1 year: 0.21, 5 years: 0.27), computed from weekly returns as of 2026-08-27.
Is VEEA a good diversifier for TSSI?
A fair diversifier. At 0.31, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.31 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.
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Related comparisons
Hubs: TSSI correlations · VEEA correlations
