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FCN vs STKE: Correlation

Measured on weekly returns over the past three years, FTI Consulting, Inc. (FCN) and Sol Strategies Inc. (STKE) carry a correlation of -0.19, a negative link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.19
negative
Correlation (1Y)
-0.18
last 12 months
Correlation (5Y)
-0.09
long-run
Ann. covariance
-981.1
%² · weekly, annualized

How correlated are FCN and STKE?

Over the past 3 years, FCN and STKE moved with a correlation of -0.19, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.18) sits close to the 3-year figure. Over 5 years the correlation is -0.09, and the annualized covariance of weekly returns is -981.1 %².

Among the 17 assets we track against FCN, STKE ranks #12 by 3-year correlation. Correlation aside, the last 12 months split them widely, with FCN ahead by 71.4 points (-10.6% versus -82.0%). Risk is not evenly split, since STKE carries 7.0 times the volatility of the other side.

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 STKE: side by side

FCN (FTI Consulting, Inc.)STKE (Sol Strategies Inc.)
1-year return-10.6%-82.0%
5-year return+7.8%+19.6%
Volatility (ann.)27.0%187.9%
Beta vs S&P 5000.183.39
Max drawdown (3Y)-39.2%-97.4%
Market cap$4.2B$0.1B
P/E (trailing)18.4
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: FCN -39.2% vs -97.4%Higher 5y return: STKE +19.6% vs +7.8%
-88%0%+9%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. FCN · STKE

Year-by-year returns

YearFCNSTKE
2022+3.5%-63.5%
2023+25.4%+62.0%
2024-4.0%+2467.9%
2025-10.6%-90.8%
2026-11.0%-12.4%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are FCN and STKE good diversifiers for each other?

By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.

FAQ

What is the correlation between FCN and STKE?

The FCN/STKE correlation stands at -0.19 on a 3-year window (1 year: -0.18, 5 years: -0.09), computed from weekly returns as of 2026-08-27.

Is STKE a good diversifier for FCN?

By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.

What does a correlation of -0.19 mean?

Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.

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FCN vs STKE: 3-year weekly correlation -0.19FCN vs STKE-0.19

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Hubs: FCN correlations · STKE correlations