EDTK vs IHT: Correlation
Measured on weekly returns over the past three years, Skillful Craftsman Education Technology Limited (EDTK) and InnSuites Hospitality Trust Shares of Beneficial Interest (IHT) carry a correlation of 0.26, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EDTK and IHT?
Over the past 3 years, EDTK and IHT moved with a correlation of 0.26, which is weak. The link has loosened recently: the 1-year correlation (0.13) runs below the 3-year figure (0.26). Over 5 years the correlation is 0.16, and the annualized covariance of weekly returns is 657.8 %².
By 3-year correlation, IHT places #5 of the 16 assets tracked against EDTK. The last year tells two different stories: EDTK led by 15.6 percentage points, -18.2% for EDTK against -33.8% for IHT.
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.
EDTK vs IHT: side by side
| EDTK (Skillful Craftsman Education Technology Limited) | IHT (InnSuites Hospitality Trust Shares of Beneficial Interest) | |
|---|---|---|
| 1-year return | -18.2% | -33.8% |
| 5-year return | -41.9% | -63.6% |
| Volatility (ann.) | 45.4% | 55.0% |
| Beta vs S&P 500 | -0.09 | 0.07 |
| Max drawdown (3Y) | -35.4% | -69.6% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 1.44% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EDTK | IHT |
|---|---|---|
| 2022 | +52.4% | -22.9% |
| 2023 | -12.5% | +2.3% |
| 2024 | -19.8% | +29.5% |
| 2025 | -10.9% | -37.4% |
| 2026 | +0.0% | -3.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EDTK and IHT good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.26 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between EDTK and IHT?
Using weekly returns as of 2026-08-27: 0.26 over 3 years, with 0.13 over the last year and 0.16 over 5 years.
Is IHT a good diversifier for EDTK?
Yes, to a useful degree: a correlation of 0.26 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.26 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/edtk-vs-iht.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/edtk-vs-iht/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EDTK correlations · IHT correlations
