CARS vs PLTK: Correlation
Cars.com Inc. (CARS) and Playtika Holding Corp. (PLTK) show a moderate relationship: their 3-year correlation of weekly returns is 0.42.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CARS and PLTK?
Across a 3-year window, the weekly returns of CARS and PLTK correlate at 0.42, moderate. The relationship has been stable: the 1-year correlation (0.44) sits close to the 3-year figure. Stretching to 5 years gives 0.35, with an annualized covariance of 892.7 %².
By 3-year correlation, PLTK places #9 of the 14 assets tracked against CARS. Their recent paths diverged sharply: over the last 12 months CARS outperformed by 24.1 percentage points (-10.6% for CARS against -34.7% for PLTK).
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.
CARS vs PLTK: side by side
| CARS (Cars.com Inc.) | PLTK (Playtika Holding Corp.) | |
|---|---|---|
| 1-year return | -10.6% | -34.7% |
| 5-year return | -7.8% | -89.9% |
| Volatility (ann.) | 42.1% | 50.5% |
| Beta vs S&P 500 | 1.42 | 1.02 |
| Max drawdown (3Y) | -63.4% | -75.1% |
| Market cap | $0.6B | $0.9B |
| P/E (trailing) | 21.0 | – |
| Dividend yield | 0.00% | 8.30% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CARS | PLTK |
|---|---|---|
| 2022 | -14.4% | -50.8% |
| 2023 | +37.8% | +2.5% |
| 2024 | -8.6% | -16.1% |
| 2025 | -29.6% | -37.2% |
| 2026 | -3.5% | -41.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CARS and PLTK good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CARS and PLTK?
The CARS/PLTK correlation stands at 0.42 on a 3-year window (1 year: 0.44, 5 years: 0.35), computed from weekly returns as of 2026-08-27.
Is PLTK a good diversifier for CARS?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.42 mean?
On the −1 to +1 scale, 0.42 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/cars-vs-pltk.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cars-vs-pltk/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CARS correlations · PLTK correlations
