AGYS vs PM: Correlation
Measured on weekly returns over the past three years, Agilysys, Inc. (AGYS) and Philip Morris International (PM) carry a correlation of -0.26, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGYS and PM?
On 3 years of weekly data the AGYS/PM correlation comes out at -0.26, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.33) sits close to the 3-year figure. The 5-year figure is -0.13, and annualized covariance runs at -292.3 %².
Among the 10 assets we track against AGYS, PM sits near the bottom by co-movement, at rank #8. The trailing year gives PM the advantage: +10.2% versus +20.2%, a 10.0-point spread. Note the risk asymmetry: AGYS runs 2.1 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 PM: side by side
| AGYS (Agilysys, Inc.) | PM (Philip Morris International) | |
|---|---|---|
| 1-year return | +10.2% | +20.2% |
| 5-year return | +112.4% | +133.5% |
| Volatility (ann.) | 48.2% | 23.1% |
| Beta vs S&P 500 | 0.61 | -0.01 |
| Max drawdown (3Y) | -56.1% | -20.6% |
| Market cap | $3.4B | $296.9B |
| P/E (trailing) | 75.3 | 26.7 |
| Dividend yield | 0.00% | 3.03% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | AGYS | PM |
|---|---|---|
| 2022 | +78.0% | +12.3% |
| 2023 | +7.2% | -1.9% |
| 2024 | +55.3% | +34.3% |
| 2025 | -9.8% | +38.0% |
| 2026 | +1.4% | +20.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGYS and PM good diversifiers for each other?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
FAQ
What is the correlation between AGYS and PM?
Using weekly returns as of 2026-08-27: -0.26 over 3 years, with -0.33 over the last year and -0.13 over 5 years.
Is PM a good diversifier for AGYS?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
What does a correlation of -0.26 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/agys-vs-pm.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/agys-vs-pm/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AGYS correlations · PM correlations
