ASPS vs SIEB: Correlation
How closely do Altisource Portfolio Solutions S.A. (ASPS) and Siebert Financial Corp. (SIEB) 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 SIEB?
On 3 years of weekly data the ASPS/SIEB correlation comes out at -0.24, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.20 lands near the 3-year figure. The 5-year figure is -0.08, and annualized covariance runs at -1157.8 %².
SIEB is close to the least connected end of ASPS's tracked universe, ranking #14 of 17. The last year tells two different stories: SIEB led by 23.8 percentage points, -52.4% for ASPS against -28.6% for SIEB. Note the risk asymmetry: ASPS runs 1.5 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 SIEB: side by side
| ASPS (Altisource Portfolio Solutions S.A.) | SIEB (Siebert Financial Corp.) | |
|---|---|---|
| 1-year return | -52.4% | -28.6% |
| 5-year return | -93.2% | -48.4% |
| Volatility (ann.) | 85.7% | 56.9% |
| Beta vs S&P 500 | -0.36 | 0.90 |
| Max drawdown (3Y) | -88.8% | -70.6% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASPS | SIEB |
|---|---|---|
| 2022 | -15.7% | -41.4% |
| 2023 | -62.4% | +23.5% |
| 2024 | -81.5% | +88.1% |
| 2025 | +31.6% | +11.1% |
| 2026 | -19.8% | -43.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASPS and SIEB 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 SIEB?
The ASPS/SIEB correlation stands at -0.24 on a 3-year window (1 year: -0.20, 5 years: -0.08), computed from weekly returns as of 2026-08-27.
Is SIEB 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?
On the −1 to +1 scale, -0.24 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/asps-vs-sieb.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/asps-vs-sieb/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ASPS correlations · SIEB correlations
