ANGI vs SCSC: Correlation
How closely do Angi Inc. (ANGI) and ScanSource, Inc. (SCSC) trade together? Their weekly returns over three years give a correlation of 0.50, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANGI and SCSC?
Across a 3-year window, the weekly returns of ANGI and SCSC correlate at 0.50, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.31 versus 0.50 over 3 years. Stretching to 5 years gives 0.40, with an annualized covariance of 1186.9 %².
Within ANGI's tracked universe of 16 assets, SCSC comes in at #5 by 3-year correlation. The last year tells two different stories: SCSC led by 103.3 percentage points, -73.3% for ANGI against +30.0% for SCSC. Note the risk asymmetry: ANGI runs 1.9 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.
ANGI vs SCSC: side by side
| ANGI (Angi Inc.) | SCSC (ScanSource, Inc.) | |
|---|---|---|
| 1-year return | -73.3% | +30.0% |
| 5-year return | -95.6% | +60.7% |
| Volatility (ann.) | 67.2% | 35.5% |
| Beta vs S&P 500 | 1.62 | 1.21 |
| Max drawdown (3Y) | -85.6% | -44.2% |
| Market cap | $0.2B | $1.2B |
| P/E (trailing) | – | 15.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ANGI | SCSC |
|---|---|---|
| 2022 | -74.5% | -16.7% |
| 2023 | +6.0% | +35.6% |
| 2024 | -33.3% | +19.8% |
| 2025 | -22.1% | -17.7% |
| 2026 | -63.9% | +48.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANGI and SCSC good diversifiers for each other?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ANGI and SCSC?
Using weekly returns as of 2026-08-27: 0.50 over 3 years, with 0.31 over the last year and 0.40 over 5 years.
Is SCSC a good diversifier for ANGI?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.50 mean?
On the −1 to +1 scale, 0.50 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/angi-vs-scsc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/angi-vs-scsc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ANGI correlations · SCSC correlations
