FCN vs HAS: Correlation
How closely do FTI Consulting, Inc. (FCN) and Hasbro (HAS) trade together? Their weekly returns over three years give a correlation of -0.23, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FCN and HAS?
Over the past 3 years, FCN and HAS moved with a correlation of -0.23, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.22 lands near the 3-year figure. Over 5 years the correlation is -0.10, and the annualized covariance of weekly returns is -198.7 %².
Among the 17 assets we track against FCN, HAS sits near the bottom by co-movement, at rank #13. Correlation aside, the last 12 months split them widely, with HAS ahead by 29.8 points (-10.6% versus +19.2%).
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.
FCN vs HAS: side by side
| FCN (FTI Consulting, Inc.) | HAS (Hasbro) | |
|---|---|---|
| 1-year return | -10.6% | +19.2% |
| 5-year return | +7.8% | +17.1% |
| Volatility (ann.) | 27.0% | 31.7% |
| Beta vs S&P 500 | 0.18 | 0.86 |
| Max drawdown (3Y) | -39.2% | -40.3% |
| Market cap | $4.2B | $13.3B |
| P/E (trailing) | 18.4 | 17.1 |
| Dividend yield | 0.00% | 2.91% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | FCN | HAS |
|---|---|---|
| 2022 | +3.5% | -37.9% |
| 2023 | +25.4% | -11.9% |
| 2024 | -4.0% | +14.8% |
| 2025 | -10.6% | +52.5% |
| 2026 | -11.0% | +17.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FCN and HAS good diversifiers for each other?
Yes. With a correlation of -0.23, FCN and HAS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between FCN and HAS?
As of 2026-08-27, the correlation of weekly returns between FCN and HAS is -0.23 over 3 years, -0.22 over 1 year and -0.10 over 5 years.
Is HAS a good diversifier for FCN?
Yes. With a correlation of -0.23, FCN and HAS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.23 mean?
On the −1 to +1 scale, -0.23 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/fcn-vs-has.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/fcn-vs-has/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FCN correlations · HAS correlations
