ADNT vs KELYB: Correlation
Measured on weekly returns over the past three years, Adient plc (ADNT) and Kelly Services, Inc. (KELYB) carry a correlation of 0.38, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADNT and KELYB?
Across a 3-year window, the weekly returns of ADNT and KELYB correlate at 0.38, moderate. The relationship has been stable: the 1-year correlation (0.45) sits close to the 3-year figure. Stretching to 5 years gives 0.38, with an annualized covariance of 987.2 %².
Among the 16 assets we track against ADNT, KELYB ranks #9 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months KELYB outperformed by 89.1 percentage points (-26.3% for ADNT against +62.8% for KELYB).
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.
ADNT vs KELYB: side by side
| ADNT (Adient plc) | KELYB (Kelly Services, Inc.) | |
|---|---|---|
| 1-year return | -26.3% | +62.8% |
| 5-year return | -53.1% | +26.3% |
| Volatility (ann.) | 43.0% | 60.8% |
| Beta vs S&P 500 | 1.05 | 0.40 |
| Max drawdown (3Y) | -74.4% | -66.9% |
| Market cap | $1.5B | $0.8B |
| P/E (trailing) | 34.2 | – |
| Dividend yield | 0.00% | 1.38% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ADNT | KELYB |
|---|---|---|
| 2022 | -27.5% | +3.1% |
| 2023 | +4.8% | +27.5% |
| 2024 | -52.6% | -34.7% |
| 2025 | +11.3% | -35.9% |
| 2026 | -1.8% | +170.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADNT and KELYB good diversifiers for each other?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ADNT and KELYB?
The ADNT/KELYB correlation stands at 0.38 on a 3-year window (1 year: 0.45, 5 years: 0.38), computed from weekly returns as of 2026-08-27.
Is KELYB a good diversifier for ADNT?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.38 mean?
On the −1 to +1 scale, 0.38 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/adnt-vs-kelyb.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/adnt-vs-kelyb/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ADNT correlations · KELYB correlations
