EDTK vs KNSL: Correlation
How closely do Skillful Craftsman Education Technology Limited (EDTK) and Kinsale Capital Group, Inc. (KNSL) trade together? Their weekly returns over three years give a correlation of -0.24, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EDTK and KNSL?
On 3 years of weekly data the EDTK/KNSL correlation comes out at -0.24, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.09) than the 3-year average (-0.24). The 5-year figure is -0.14, and annualized covariance runs at -408.3 %².
Among the 16 assets we track against EDTK, KNSL sits near the bottom by co-movement, at rank #16. Neither side won the trailing year by much: -18.2% against -15.9%.
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 KNSL: side by side
| EDTK (Skillful Craftsman Education Technology Limited) | KNSL (Kinsale Capital Group, Inc.) | |
|---|---|---|
| 1-year return | -18.2% | -15.9% |
| 5-year return | -41.9% | +110.8% |
| Volatility (ann.) | 45.4% | 37.5% |
| Beta vs S&P 500 | -0.09 | 0.36 |
| Max drawdown (3Y) | -35.4% | -46.8% |
| Market cap | – | $8.7B |
| P/E (trailing) | – | 15.7 |
| Dividend yield | 0.00% | 0.22% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EDTK | KNSL |
|---|---|---|
| 2022 | +52.4% | +10.2% |
| 2023 | -12.5% | +28.3% |
| 2024 | -19.8% | +39.1% |
| 2025 | -10.9% | -15.8% |
| 2026 | +0.0% | -2.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EDTK and KNSL good diversifiers for each other?
Yes. With a correlation of -0.24, EDTK and KNSL have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between EDTK and KNSL?
As of 2026-08-27, the correlation of weekly returns between EDTK and KNSL is -0.24 over 3 years, -0.09 over 1 year and -0.14 over 5 years.
Is KNSL a good diversifier for EDTK?
Yes. With a correlation of -0.24, EDTK and KNSL have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.24 mean?
On the −1 to +1 scale, -0.24 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/edtk-vs-knsl.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/edtk-vs-knsl/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: EDTK correlations · KNSL correlations
