PairBook
HomeDTCX › DTCX vs PSKY

DTCX vs PSKY: Correlation

Measured on weekly returns over the past three years, Datacentrex, Inc. (DTCX) and Paramount Skydance Corporation (PSKY) carry a correlation of -0.18, a negative link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.18
negative
Correlation (1Y)
-0.02
last 12 months
Correlation (5Y)
-0.11
long-run
Ann. covariance
-999.2
%² · weekly, annualized

How correlated are DTCX and PSKY?

On 3 years of weekly data the DTCX/PSKY correlation comes out at -0.18, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.02) than the 3-year average (-0.18). The 5-year figure is -0.11, and annualized covariance runs at -999.2 %².

By 3-year correlation, PSKY places #9 of the 15 assets tracked against DTCX. Their recent paths diverged sharply: over the last 12 months PSKY outperformed by 18.8 percentage points (-44.7% for DTCX against -25.9% for PSKY). Note the risk asymmetry: DTCX runs 1.9 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.

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.

DTCX vs PSKY: side by side

DTCX (Datacentrex, Inc.)PSKY (Paramount Skydance Corporation)
1-year return-44.7%-25.9%
5-year return-72.9%-69.8%
Volatility (ann.)103.9%54.4%
Beta vs S&P 5000.150.92
Max drawdown (3Y)-89.5%-59.9%
Market cap$0.1B$12.1B
P/E (trailing)360.0
Dividend yield0.00%1.86%
Sector / categoryUS ListedCommunication Services
Higher yield: PSKY 1.86% vs 0.00%Smaller drawdown: PSKY -59.9% vs -89.5%Higher 5y return: PSKY -69.8% vs -72.9%
-71%0%+28%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. DTCX · PSKY

Year-by-year returns

YearDTCXPSKY
2022-41.8%
2023-15.5%-10.4%
2024-42.8%-28.0%
2025-19.8%+30.0%
2026-1.5%-18.6%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are DTCX and PSKY good diversifiers for each other?

Yes. With a correlation of -0.18, DTCX and PSKY have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

FAQ

What is the correlation between DTCX and PSKY?

As of 2026-08-27, the correlation of weekly returns between DTCX and PSKY is -0.18 over 3 years, -0.02 over 1 year and -0.11 over 5 years.

Is PSKY a good diversifier for DTCX?

Yes. With a correlation of -0.18, DTCX and PSKY have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

What does a correlation of -0.18 mean?

On the −1 to +1 scale, -0.18 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/dtcx-vs-psky.json

DTCX vs PSKY: 3-year weekly correlation -0.18DTCX vs PSKY-0.18

Embed this badge (it refreshes with the data), with attribution:

[![DTCX vs PSKY correlation](https://www.pairbook.io/api/v1/badge/dtcx-vs-psky.svg)](https://www.pairbook.io/pair/dtcx-vs-psky/)

No key needed, free to use. Full endpoint list in the API documentation.

Related comparisons

Hubs: DTCX correlations · PSKY correlations