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ADEA vs POWI: Correlation

Measured on weekly returns over the past three years, Adeia Inc. (ADEA) and Power Integrations, Inc. (POWI) carry a correlation of 0.43, a moderate link.

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

Correlation (3Y)
0.43
moderate
Correlation (1Y)
0.36
last 12 months
Correlation (5Y)
0.34
long-run
Ann. covariance
958.4
%² · weekly, annualized

How correlated are ADEA and POWI?

Over the past 3 years, ADEA and POWI moved with a correlation of 0.43, which is moderate. The relationship has been stable: the 1-year correlation (0.36) sits close to the 3-year figure. Over 5 years the correlation is 0.34, and the annualized covariance of weekly returns is 958.4 %².

By 3-year correlation, POWI places #4 of the 12 assets tracked against ADEA. Correlation aside, the last 12 months split them widely, with ADEA ahead by 49.7 points (+70.2% versus +20.5%).

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.

ADEA vs POWI: side by side

ADEA (Adeia Inc.)POWI (Power Integrations, Inc.)
1-year return+70.2%+20.5%
5-year return+208.1%-46.7%
Volatility (ann.)48.4%46.5%
Beta vs S&P 5001.101.59
Max drawdown (3Y)-34.8%-63.6%
Market cap$2.9B$3.1B
P/E (trailing)24.1125.7
Dividend yield0.77%1.55%
Sector / categoryUS ListedUS Listed
Lower P/E: ADEA 24.1 vs 125.7Higher yield: POWI 1.55% vs 0.77%Smaller drawdown: ADEA -34.8% vs -63.6%Higher 5y return: ADEA +208.1% vs -46.7%
-26%0%+115%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. ADEA · POWI

Year-by-year returns

YearADEAPOWI
2022+18.5%-22.1%
2023+33.5%+15.6%
2024+14.8%-24.0%
2025+25.2%-41.3%
2026+52.9%+56.7%

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

Are ADEA and POWI good diversifiers for each other?

Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.

FAQ

What is the correlation between ADEA and POWI?

The ADEA/POWI correlation stands at 0.43 on a 3-year window (1 year: 0.36, 5 years: 0.34), computed from weekly returns as of 2026-08-27.

Is POWI a good diversifier for ADEA?

Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.

What does a correlation of 0.43 mean?

A reading of 0.43 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/adea-vs-powi.json

ADEA vs POWI: 3-year weekly correlation 0.43ADEA vs POWI0.43

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Related comparisons

Hubs: ADEA correlations · POWI correlations