EBAY vs IQV: Correlation
Measured on weekly returns over the past three years, eBay Inc. (EBAY) and IQVIA (IQV) carry a correlation of 0.34, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EBAY and IQV?
On 3 years of weekly data the EBAY/IQV correlation comes out at 0.34, moderate. Recent behaviour matches the longer record: 0.34 over 1 year against 0.34 over 3. The 5-year figure is 0.45, and annualized covariance runs at 371.0 %².
Among the 33 assets we track against EBAY, IQV ranks #15 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months IQV outperformed by 28.4 percentage points (+10.6% for EBAY against +39.0% for IQV). Across three years, the rolling one-year figure varied moderately, from 0.21 to 0.63.
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.
EBAY vs IQV: side by side
| EBAY (eBay Inc.) | IQV (IQVIA) | |
|---|---|---|
| 1-year return | +10.6% | +39.0% |
| 5-year return | +43.9% | +0.3% |
| Volatility (ann.) | 28.9% | 37.9% |
| Beta vs S&P 500 | 0.58 | 0.93 |
| Max drawdown (3Y) | -20.7% | -47.1% |
| Market cap | $45.5B | $43.2B |
| P/E (trailing) | 21.9 | 32.6 |
| Dividend yield | 1.15% | 0.00% |
| Sector / category | Consumer Discretionary | Health Care |
Year-by-year returns
| Year | EBAY | IQV |
|---|---|---|
| 2022 | -36.5% | -27.4% |
| 2023 | +7.7% | +12.9% |
| 2024 | +44.8% | -15.1% |
| 2025 | +42.7% | +14.7% |
| 2026 | +18.1% | +16.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EBAY and IQV good diversifiers for each other?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between EBAY and IQV?
As of 2026-08-27, the correlation of weekly returns between EBAY and IQV is 0.34 over 3 years, 0.34 over 1 year and 0.45 over 5 years.
Is IQV a good diversifier for EBAY?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.34 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ebay-vs-iqv.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ebay-vs-iqv/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EBAY correlations · IQV correlations
