FORR vs SKM: Correlation
Forrester Research, Inc. (FORR) and SK Telecom Co., Ltd. (SKM) show a negative relationship: their 3-year correlation of weekly returns is -0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FORR and SKM?
Across a 3-year window, the weekly returns of FORR and SKM correlate at -0.25, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.41 versus -0.25 over 3 years. Stretching to 5 years gives -0.15, with an annualized covariance of -391.8 %².
Out of 13 assets tracked against FORR, SKM lands near the bottom at #12. Their recent paths diverged sharply: over the last 12 months SKM outperformed by 54.4 percentage points (+25.7% for FORR against +80.1% for SKM). One caveat on sizing: FORR is 1.6 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.
FORR vs SKM: side by side
| FORR (Forrester Research, Inc.) | SKM (SK Telecom Co., Ltd.) | |
|---|---|---|
| 1-year return | +25.7% | +80.1% |
| 5-year return | -74.7% | +83.7% |
| Volatility (ann.) | 50.1% | 31.3% |
| Beta vs S&P 500 | 0.82 | 0.32 |
| Max drawdown (3Y) | -83.9% | -35.6% |
| Market cap | $0.2B | $15.2B |
| P/E (trailing) | – | 29.0 |
| Dividend yield | 0.00% | 4170.85% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FORR | SKM |
|---|---|---|
| 2022 | -39.1% | -17.8% |
| 2023 | -25.0% | +11.6% |
| 2024 | -41.6% | +2.9% |
| 2025 | -48.2% | +1.0% |
| 2026 | +50.4% | +92.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FORR and SKM good diversifiers for each other?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
FAQ
What is the correlation between FORR and SKM?
The FORR/SKM correlation stands at -0.25 on a 3-year window (1 year: -0.41, 5 years: -0.15), computed from weekly returns as of 2026-08-27.
Is SKM a good diversifier for FORR?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
What does a correlation of -0.25 mean?
A reading of -0.25 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/forr-vs-skm.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/forr-vs-skm/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FORR correlations · SKM correlations
