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
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 500 | 0.15 | 0.92 |
| Max drawdown (3Y) | -89.5% | -59.9% |
| Market cap | $0.1B | $12.1B |
| P/E (trailing) | – | 360.0 |
| Dividend yield | 0.00% | 1.86% |
| Sector / category | US Listed | Communication Services |
Year-by-year returns
| Year | DTCX | PSKY |
|---|---|---|
| 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
$ curl https://www.pairbook.io/api/v1/pairs/dtcx-vs-psky.json
Embed this badge (it refreshes with the data), with attribution:
[](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