EVR vs PJT: Correlation
How closely do Evercore Inc. (EVR) and PJT Partners Inc. (PJT) trade together? Their weekly returns over three years give a correlation of 0.70, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EVR and PJT?
On 3 years of weekly data the EVR/PJT correlation comes out at 0.70, strong. Little has changed lately, as the 1-year reading of 0.64 lands near the 3-year figure. The 5-year figure is 0.67, and annualized covariance runs at 734.1 %².
Within EVR's tracked universe of 22 assets, PJT comes in at #12 by 3-year correlation. The trailing year gives PJT the advantage: -9.0% versus -1.2%, a 7.8-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.
EVR vs PJT: side by side
| EVR (Evercore Inc.) | PJT (PJT Partners Inc.) | |
|---|---|---|
| 1-year return | -9.0% | -1.2% |
| 5-year return | +125.5% | +143.7% |
| Volatility (ann.) | 35.8% | 29.4% |
| Beta vs S&P 500 | 1.64 | 1.08 |
| Max drawdown (3Y) | -47.9% | -32.5% |
| Market cap | $11.2B | $7.6B |
| P/E (trailing) | 16.4 | 24.3 |
| Dividend yield | 1.19% | 0.57% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EVR | PJT |
|---|---|---|
| 2022 | -17.6% | +0.9% |
| 2023 | +60.6% | +40.0% |
| 2024 | +64.3% | +56.2% |
| 2025 | +24.3% | +6.6% |
| 2026 | -13.7% | +7.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EVR and PJT good diversifiers for each other?
Only partially. A correlation of 0.70 means EVR and PJT 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 EVR and PJT?
As of 2026-08-27, the correlation of weekly returns between EVR and PJT is 0.70 over 3 years, 0.64 over 1 year and 0.67 over 5 years.
Is PJT a good diversifier for EVR?
Only partially. A correlation of 0.70 means EVR and PJT share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.70 mean?
A reading of 0.70 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/evr-vs-pjt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/evr-vs-pjt/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: EVR correlations · PJT correlations
