ASPS vs KKR: Correlation
How closely do Altisource Portfolio Solutions S.A. (ASPS) and KKR & Co. (KKR) trade together? Their weekly returns over three years give a correlation of -0.24, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASPS and KKR?
Across a 3-year window, the weekly returns of ASPS and KKR correlate at -0.24, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.30) sits close to the 3-year figure. Stretching to 5 years gives -0.09, with an annualized covariance of -787.7 %².
KKR is close to the least connected end of ASPS's tracked universe, ranking #13 of 17. Correlation aside, the last 12 months split them widely, with KKR ahead by 30.8 points (-52.4% versus -21.6%). Note the risk asymmetry: ASPS runs 2.3 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.
ASPS vs KKR: side by side
| ASPS (Altisource Portfolio Solutions S.A.) | KKR (KKR & Co.) | |
|---|---|---|
| 1-year return | -52.4% | -21.6% |
| 5-year return | -93.2% | +77.3% |
| Volatility (ann.) | 85.7% | 37.8% |
| Beta vs S&P 500 | -0.36 | 1.76 |
| Max drawdown (3Y) | -88.8% | -49.4% |
| Market cap | $0.1B | $101.0B |
| P/E (trailing) | – | 34.7 |
| Dividend yield | 0.00% | 0.70% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | ASPS | KKR |
|---|---|---|
| 2022 | -15.7% | -37.0% |
| 2023 | -62.4% | +80.5% |
| 2024 | -81.5% | +79.6% |
| 2025 | +31.6% | -13.3% |
| 2026 | -19.8% | -13.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASPS and KKR good diversifiers for each other?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
FAQ
What is the correlation between ASPS and KKR?
As of 2026-08-27, the correlation of weekly returns between ASPS and KKR is -0.24 over 3 years, -0.30 over 1 year and -0.09 over 5 years.
Is KKR a good diversifier for ASPS?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
What does a correlation of -0.24 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: ASPS correlations · KKR correlations
