AGYS vs SKM: Correlation
Agilysys, Inc. (AGYS) and SK Telecom Co., Ltd. (SKM) show a negative relationship: their 3-year correlation of weekly returns is -0.27.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGYS and SKM?
Over the past 3 years, AGYS and SKM moved with a correlation of -0.27, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.49) runs below the 3-year figure (-0.27). Over 5 years the correlation is -0.17, and the annualized covariance of weekly returns is -406.9 %².
Among the 10 assets we track against AGYS, SKM sits near the bottom by co-movement, at rank #9. The last year tells two different stories: SKM led by 69.9 percentage points, +10.2% for AGYS against +80.1% for SKM. One caveat on sizing: AGYS is 1.5 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 SKM: side by side
| AGYS (Agilysys, Inc.) | SKM (SK Telecom Co., Ltd.) | |
|---|---|---|
| 1-year return | +10.2% | +80.1% |
| 5-year return | +112.4% | +83.7% |
| Volatility (ann.) | 48.2% | 31.3% |
| Beta vs S&P 500 | 0.61 | 0.32 |
| Max drawdown (3Y) | -56.1% | -35.6% |
| Market cap | $3.4B | $15.2B |
| P/E (trailing) | 75.3 | 29.0 |
| Dividend yield | 0.00% | 4170.85% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AGYS | SKM |
|---|---|---|
| 2022 | +78.0% | -17.8% |
| 2023 | +7.2% | +11.6% |
| 2024 | +55.3% | +2.9% |
| 2025 | -9.8% | +1.0% |
| 2026 | +1.4% | +92.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGYS and SKM good diversifiers for each other?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
FAQ
What is the correlation between AGYS and SKM?
Using weekly returns as of 2026-08-27: -0.27 over 3 years, with -0.49 over the last year and -0.17 over 5 years.
Is SKM a good diversifier for AGYS?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
What does a correlation of -0.27 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-skm.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/agys-vs-skm/)
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Related comparisons
Hubs: AGYS correlations · SKM correlations
