CABO vs PSIG: Correlation
Measured on weekly returns over the past three years, Cable One, Inc. (CABO) and PS International Group Ltd. (PSIG) carry a correlation of -0.34, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CABO and PSIG?
Over the past 3 years, CABO and PSIG moved with a correlation of -0.34, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.45) runs below the 3-year figure (-0.34). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -4031.4 %².
PSIG is close to the least connected end of CABO's tracked universe, ranking #10 of 10. Correlation aside, the last 12 months split them widely, with PSIG ahead by 32.3 points (-86.2% versus -53.9%). Risk is not evenly split, since PSIG carries 2.4 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.
CABO vs PSIG: side by side
| CABO (Cable One, Inc.) | PSIG (PS International Group Ltd.) | |
|---|---|---|
| 1-year return | -86.2% | -53.9% |
| 5-year return | -98.8% | n/a |
| Volatility (ann.) | 66.3% | 157.0% |
| Beta vs S&P 500 | 0.39 | 0.97 |
| Max drawdown (3Y) | -96.5% | -96.0% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CABO | PSIG |
|---|---|---|
| 2022 | -59.2% | – |
| 2023 | -20.4% | – |
| 2024 | -33.0% | – |
| 2025 | -68.5% | +8.3% |
| 2026 | -80.1% | -62.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CABO and PSIG good diversifiers for each other?
Yes. With a correlation of -0.34, CABO and PSIG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CABO and PSIG?
As of 2026-08-27, the correlation of weekly returns between CABO and PSIG is -0.34 over 3 years, -0.45 over 1 year and n/a over 5 years.
Is PSIG a good diversifier for CABO?
Yes. With a correlation of -0.34, CABO and PSIG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.34 mean?
A reading of -0.34 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/cabo-vs-psig.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cabo-vs-psig/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CABO correlations · PSIG correlations
