AGYS vs FCN: Correlation
How closely do Agilysys, Inc. (AGYS) and FTI Consulting, Inc. (FCN) trade together? Their weekly returns over three years give a correlation of 0.43, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGYS and FCN?
Over the past 3 years, AGYS and FCN moved with a correlation of 0.43, which is moderate. Recent behaviour matches the longer record: 0.44 over 1 year against 0.43 over 3. Over 5 years the correlation is 0.24, and the annualized covariance of weekly returns is 566.2 %².
Within AGYS's tracked universe of 10 assets, FCN comes in at #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with AGYS ahead by 20.8 points (+10.2% versus -10.6%). One caveat on sizing: AGYS is 1.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
AGYS vs FCN: side by side
| AGYS (Agilysys, Inc.) | FCN (FTI Consulting, Inc.) | |
|---|---|---|
| 1-year return | +10.2% | -10.6% |
| 5-year return | +112.4% | +7.8% |
| Volatility (ann.) | 48.2% | 27.0% |
| Beta vs S&P 500 | 0.61 | 0.18 |
| Max drawdown (3Y) | -56.1% | -39.2% |
| Market cap | $3.4B | $4.2B |
| P/E (trailing) | 75.3 | 18.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AGYS | FCN |
|---|---|---|
| 2022 | +78.0% | +3.5% |
| 2023 | +7.2% | +25.4% |
| 2024 | +55.3% | -4.0% |
| 2025 | -9.8% | -10.6% |
| 2026 | +1.4% | -11.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGYS and FCN good diversifiers for each other?
Reasonably. At 0.43, AGYS and FCN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between AGYS and FCN?
As of 2026-08-27, the correlation of weekly returns between AGYS and FCN is 0.43 over 3 years, 0.44 over 1 year and 0.24 over 5 years.
Is FCN a good diversifier for AGYS?
Reasonably. At 0.43, AGYS and FCN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.43 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: AGYS correlations · FCN correlations
