ATNI vs PSEC: Correlation
Measured on weekly returns over the past three years, ATN International, Inc. (ATNI) and Prospect Capital Corporation - Closed End Fund (PSEC) carry a correlation of 0.43, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ATNI and PSEC?
Across a 3-year window, the weekly returns of ATNI and PSEC correlate at 0.43, moderate. Recent behaviour matches the longer record: 0.46 over 1 year against 0.43 over 3. Stretching to 5 years gives 0.39, with an annualized covariance of 802.1 %².
Among the 11 assets we track against ATNI, PSEC ranks #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months ATNI outperformed by 101.2 percentage points (+95.4% for ATNI against -5.8% for PSEC). Risk is not evenly split, since ATNI carries 1.9 times the volatility of the other side.
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.
ATNI vs PSEC: side by side
| ATNI (ATN International, Inc.) | PSEC (Prospect Capital Corporation - Closed End Fund) | |
|---|---|---|
| 1-year return | +95.4% | -5.8% |
| 5-year return | -22.3% | -45.5% |
| Volatility (ann.) | 58.6% | 31.6% |
| Beta vs S&P 500 | 0.57 | 0.59 |
| Max drawdown (3Y) | -62.6% | -50.5% |
| Market cap | $0.5B | $1.2B |
| P/E (trailing) | 3.0 | 38.0 |
| Dividend yield | 3.64% | 25.97% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ATNI | PSEC |
|---|---|---|
| 2022 | +15.3% | -8.6% |
| 2023 | -11.9% | -4.1% |
| 2024 | -55.1% | -18.2% |
| 2025 | +43.8% | -28.9% |
| 2026 | +32.9% | -1.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ATNI and PSEC good diversifiers for each other?
Reasonably. At 0.43, ATNI and PSEC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ATNI and PSEC?
As of 2026-08-27, the correlation of weekly returns between ATNI and PSEC is 0.43 over 3 years, 0.46 over 1 year and 0.39 over 5 years.
Is PSEC a good diversifier for ATNI?
Reasonably. At 0.43, ATNI and PSEC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.43 mean?
On the −1 to +1 scale, 0.43 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/atni-vs-psec.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/atni-vs-psec/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ATNI correlations · PSEC correlations
