EDTK vs KKR: Correlation
How closely do Skillful Craftsman Education Technology Limited (EDTK) and KKR & Co. (KKR) trade together? Their weekly returns over three years give a correlation of -0.15, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EDTK and KKR?
On 3 years of weekly data the EDTK/KKR correlation comes out at -0.15, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.22) sits close to the 3-year figure. The 5-year figure is -0.11, and annualized covariance runs at -264.3 %².
Within EDTK's tracked universe of 16 assets, KKR comes in at #8 by 3-year correlation. Their 12-month results are close: -18.2% for EDTK against -21.6% for KKR.
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 KKR: side by side
| EDTK (Skillful Craftsman Education Technology Limited) | KKR (KKR & Co.) | |
|---|---|---|
| 1-year return | -18.2% | -21.6% |
| 5-year return | -41.9% | +77.3% |
| Volatility (ann.) | 45.4% | 37.8% |
| Beta vs S&P 500 | -0.09 | 1.76 |
| Max drawdown (3Y) | -35.4% | -49.4% |
| Market cap | – | $101.0B |
| P/E (trailing) | – | 34.7 |
| Dividend yield | 0.00% | 0.70% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | EDTK | KKR |
|---|---|---|
| 2022 | +52.4% | -37.0% |
| 2023 | -12.5% | +80.5% |
| 2024 | -19.8% | +79.6% |
| 2025 | -10.9% | -13.3% |
| 2026 | +0.0% | -13.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EDTK and KKR good diversifiers for each other?
By historical standards, yes. A correlation of -0.15 means the two rarely move for the same reasons.
FAQ
What is the correlation between EDTK and KKR?
As of 2026-08-27, the correlation of weekly returns between EDTK and KKR is -0.15 over 3 years, -0.22 over 1 year and -0.11 over 5 years.
Is KKR a good diversifier for EDTK?
By historical standards, yes. A correlation of -0.15 means the two rarely move for the same reasons.
What does a correlation of -0.15 mean?
On the −1 to +1 scale, -0.15 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.
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Related comparisons
Hubs: EDTK correlations · KKR correlations
