BOX vs SKM: Correlation
Measured on weekly returns over the past three years, Box, Inc. (BOX) and SK Telecom Co., Ltd. (SKM) carry a correlation of -0.24, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BOX and SKM?
Across a 3-year window, the weekly returns of BOX and SKM correlate at -0.24, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.47 versus -0.24 over 3 years. Stretching to 5 years gives -0.10, with an annualized covariance of -233.5 %².
Among the 11 assets we track against BOX, SKM sits near the bottom by co-movement, at rank #11. The last year tells two different stories: SKM led by 73.1 percentage points, +7.0% for BOX against +80.1% for SKM.
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.
BOX vs SKM: side by side
| BOX (Box, Inc.) | SKM (SK Telecom Co., Ltd.) | |
|---|---|---|
| 1-year return | +7.0% | +80.1% |
| 5-year return | +35.7% | +83.7% |
| Volatility (ann.) | 31.3% | 31.3% |
| Beta vs S&P 500 | 0.61 | 0.32 |
| Max drawdown (3Y) | -44.6% | -35.6% |
| Market cap | $4.8B | $15.2B |
| P/E (trailing) | 48.9 | 29.0 |
| Dividend yield | 0.00% | 4170.85% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BOX | SKM |
|---|---|---|
| 2022 | +18.9% | -17.8% |
| 2023 | -17.7% | +11.6% |
| 2024 | +23.4% | +2.9% |
| 2025 | -5.3% | +1.0% |
| 2026 | +16.1% | +92.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BOX and SKM 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 BOX and SKM?
As of 2026-08-27, the correlation of weekly returns between BOX and SKM is -0.24 over 3 years, -0.47 over 1 year and -0.10 over 5 years.
Is SKM a good diversifier for BOX?
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?
A reading of -0.24 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/box-vs-skm.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/box-vs-skm/)
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Related comparisons
Hubs: BOX correlations · SKM correlations
