CNP vs PSIG: Correlation
CenterPoint Energy (CNP) and PS International Group Ltd. (PSIG) show a negative relationship: their 3-year correlation of weekly returns is -0.23.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CNP and PSIG?
On 3 years of weekly data the CNP/PSIG correlation comes out at -0.23, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.32 over 1 year against -0.23 over 3. The 5-year figure is n/a, and annualized covariance runs at -632.5 %².
Among the 28 assets we track against CNP, PSIG sits near the bottom by co-movement, at rank #27. Correlation aside, the last 12 months split them widely, with CNP ahead by 60.4 points (+6.5% versus -53.9%). Risk is not evenly split, since PSIG carries 9.1 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.
CNP vs PSIG: side by side
| CNP (CenterPoint Energy) | PSIG (PS International Group Ltd.) | |
|---|---|---|
| 1-year return | +6.5% | -53.9% |
| 5-year return | +75.6% | n/a |
| Volatility (ann.) | 17.2% | 157.0% |
| Beta vs S&P 500 | 0.12 | 0.97 |
| Max drawdown (3Y) | -18.1% | -96.0% |
| Market cap | $25.9B | – |
| P/E (trailing) | 23.5 | – |
| Dividend yield | 2.27% | 0.00% |
| Sector / category | Utilities | US Listed |
Year-by-year returns
| Year | CNP | PSIG |
|---|---|---|
| 2022 | +10.0% | – |
| 2023 | -2.1% | – |
| 2024 | +14.3% | – |
| 2025 | +23.7% | +8.3% |
| 2026 | +4.2% | -62.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CNP and PSIG good diversifiers for each other?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CNP and PSIG?
Using weekly returns as of 2026-08-27: -0.23 over 3 years, with -0.32 over the last year and n/a over 5 years.
Is PSIG a good diversifier for CNP?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.23 mean?
On the −1 to +1 scale, -0.23 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/cnp-vs-psig.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cnp-vs-psig/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CNP correlations · PSIG correlations
