EPAM vs HCKT: Correlation
EPAM Systems, Inc. (EPAM) and The Hackett Group, Inc. (HCKT) show a moderate relationship: their 3-year correlation of weekly returns is 0.56.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EPAM and HCKT?
Across a 3-year window, the weekly returns of EPAM and HCKT correlate at 0.56, moderate. Little has changed lately, as the 1-year reading of 0.60 lands near the 3-year figure. Stretching to 5 years gives 0.42, with an annualized covariance of 990.9 %².
By 3-year correlation, HCKT places #7 of the 16 assets tracked against EPAM. The trailing year gives EPAM the advantage: -35.0% versus -44.1%, a 9.1-point spread.
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.
EPAM vs HCKT: side by side
| EPAM (EPAM Systems, Inc.) | HCKT (The Hackett Group, Inc.) | |
|---|---|---|
| 1-year return | -35.0% | -44.1% |
| 5-year return | -82.3% | -35.3% |
| Volatility (ann.) | 47.0% | 37.5% |
| Beta vs S&P 500 | 0.98 | 0.78 |
| Max drawdown (3Y) | -75.8% | -70.5% |
| Market cap | $5.8B | $0.3B |
| P/E (trailing) | 14.8 | 17.5 |
| Dividend yield | 0.00% | 4.37% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EPAM | HCKT |
|---|---|---|
| 2022 | -51.0% | +1.5% |
| 2023 | -9.3% | +14.1% |
| 2024 | -21.4% | +37.3% |
| 2025 | -12.4% | -34.7% |
| 2026 | -45.0% | -41.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EPAM and HCKT good diversifiers for each other?
Only partially. A correlation of 0.56 means EPAM and HCKT share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between EPAM and HCKT?
The EPAM/HCKT correlation stands at 0.56 on a 3-year window (1 year: 0.60, 5 years: 0.42), computed from weekly returns as of 2026-08-27.
Is HCKT a good diversifier for EPAM?
Only partially. A correlation of 0.56 means EPAM and HCKT share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.56 mean?
On the −1 to +1 scale, 0.56 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/epam-vs-hckt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/epam-vs-hckt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EPAM correlations · HCKT correlations
