FISV vs PAM: Correlation
Fiserv (FISV) and Pampa Energia S.A. (PAM) show a negative relationship: their 3-year correlation of weekly returns is -0.32.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FISV and PAM?
Across a 3-year window, the weekly returns of FISV and PAM correlate at -0.32, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.66) than the 3-year average (-0.32). Stretching to 5 years gives -0.13, with an annualized covariance of -575.1 %².
PAM is close to the least connected end of FISV's tracked universe, ranking #36 of 39. The last year tells two different stories: PAM led by 84.3 percentage points, -61.9% for FISV against +22.4% for PAM.
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.
FISV vs PAM: side by side
| FISV (Fiserv) | PAM (Pampa Energia S.A.) | |
|---|---|---|
| 1-year return | -61.9% | +22.4% |
| 5-year return | -55.0% | +339.3% |
| Volatility (ann.) | 39.2% | 45.3% |
| Beta vs S&P 500 | 0.58 | 0.38 |
| Max drawdown (3Y) | -80.2% | -40.4% |
| Market cap | $28.0B | $4.3B |
| P/E (trailing) | 10.1 | 7.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | FISV | PAM |
|---|---|---|
| 2022 | -2.6% | +51.3% |
| 2023 | +31.4% | +55.0% |
| 2024 | +54.6% | +77.6% |
| 2025 | -67.3% | +0.6% |
| 2026 | -21.7% | -8.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FISV and PAM good diversifiers for each other?
By historical standards, yes. A correlation of -0.32 means the two rarely move for the same reasons.
FAQ
What is the correlation between FISV and PAM?
As of 2026-08-27, the correlation of weekly returns between FISV and PAM is -0.32 over 3 years, -0.66 over 1 year and -0.13 over 5 years.
Is PAM a good diversifier for FISV?
By historical standards, yes. A correlation of -0.32 means the two rarely move for the same reasons.
What does a correlation of -0.32 mean?
On the −1 to +1 scale, -0.32 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/fisv-vs-pam.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fisv-vs-pam/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FISV correlations · PAM correlations
