BARK vs STGW: Correlation
How closely do BARK, Inc. (BARK) and Stagwell Inc. (STGW) trade together? Their weekly returns over three years give a correlation of 0.38, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BARK and STGW?
On 3 years of weekly data the BARK/STGW correlation comes out at 0.38, moderate. The link has tightened recently: the 1-year correlation (0.54) runs above the 3-year figure (0.38). The 5-year figure is 0.34, and annualized covariance runs at 1324.6 %².
In BARK's tracked universe of 11 assets, STGW sits right near the top at #3. Their recent paths diverged sharply: over the last 12 months STGW outperformed by 97.7 percentage points (-38.6% for BARK against +59.1% for STGW).
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.
BARK vs STGW: side by side
| BARK (BARK, Inc.) | STGW (Stagwell Inc.) | |
|---|---|---|
| 1-year return | -38.6% | +59.1% |
| 5-year return | -93.3% | +30.4% |
| Volatility (ann.) | 71.1% | 49.1% |
| Beta vs S&P 500 | 1.47 | 1.28 |
| Max drawdown (3Y) | -82.7% | -48.6% |
| Market cap | $0.1B | $2.2B |
| P/E (trailing) | – | 148.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BARK | STGW |
|---|---|---|
| 2022 | -64.7% | -28.4% |
| 2023 | -45.9% | +6.8% |
| 2024 | +128.3% | -0.8% |
| 2025 | -67.2% | -25.7% |
| 2026 | -10.0% | +81.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BARK and STGW good diversifiers for each other?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BARK and STGW?
Using weekly returns as of 2026-08-27: 0.38 over 3 years, with 0.54 over the last year and 0.34 over 5 years.
Is STGW a good diversifier for BARK?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.38 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/bark-vs-stgw.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bark-vs-stgw/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BARK correlations · STGW correlations
