EVRG vs PSIG: Correlation
Evergy (EVRG) and PS International Group Ltd. (PSIG) show a negative relationship: their 3-year correlation of weekly returns is -0.23.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EVRG and PSIG?
Across a 3-year window, the weekly returns of EVRG and PSIG correlate at -0.23, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.24 over 1 year against -0.23 over 3. Stretching to 5 years gives n/a, with an annualized covariance of -611.7 %².
Out of 44 assets tracked against EVRG, PSIG lands near the bottom at #44. Their recent paths diverged sharply: over the last 12 months EVRG outperformed by 70.8 percentage points (+16.9% for EVRG against -53.9% for PSIG). One caveat on sizing: PSIG is 8.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
EVRG vs PSIG: side by side
| EVRG (Evergy) | PSIG (PS International Group Ltd.) | |
|---|---|---|
| 1-year return | +16.9% | -53.9% |
| 5-year return | +46.3% | n/a |
| Volatility (ann.) | 17.9% | 157.0% |
| Beta vs S&P 500 | 0.13 | 0.97 |
| Max drawdown (3Y) | -15.8% | -96.0% |
| Market cap | $18.8B | – |
| P/E (trailing) | 20.9 | – |
| Dividend yield | 3.35% | 0.00% |
| Sector / category | Utilities | US Listed |
Year-by-year returns
| Year | EVRG | PSIG |
|---|---|---|
| 2022 | -4.9% | – |
| 2023 | -13.3% | – |
| 2024 | +23.4% | – |
| 2025 | +22.4% | +8.3% |
| 2026 | +15.2% | -62.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EVRG and PSIG good diversifiers for each other?
Yes. With a correlation of -0.23, EVRG and PSIG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between EVRG and PSIG?
Using weekly returns as of 2026-08-27: -0.23 over 3 years, with -0.24 over the last year and n/a over 5 years.
Is PSIG a good diversifier for EVRG?
Yes. With a correlation of -0.23, EVRG and PSIG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.23 mean?
A reading of -0.23 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/evrg-vs-psig.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/evrg-vs-psig/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EVRG correlations · PSIG correlations
