HCKT vs SKM: Correlation
The Hackett Group, Inc. (HCKT) and SK Telecom Co., Ltd. (SKM) show a negative relationship: their 3-year correlation of weekly returns is -0.26.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HCKT and SKM?
Over the past 3 years, HCKT and SKM moved with a correlation of -0.26, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.41) runs below the 3-year figure (-0.26). Over 5 years the correlation is -0.13, and the annualized covariance of weekly returns is -308.2 %².
Among the 20 assets we track against HCKT, SKM sits near the bottom by co-movement, at rank #18. Correlation aside, the last 12 months split them widely, with SKM ahead by 124.2 points (-44.1% versus +80.1%).
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.
HCKT vs SKM: side by side
| HCKT (The Hackett Group, Inc.) | SKM (SK Telecom Co., Ltd.) | |
|---|---|---|
| 1-year return | -44.1% | +80.1% |
| 5-year return | -35.3% | +83.7% |
| Volatility (ann.) | 37.5% | 31.3% |
| Beta vs S&P 500 | 0.78 | 0.32 |
| Max drawdown (3Y) | -70.5% | -35.6% |
| Market cap | $0.3B | $15.2B |
| P/E (trailing) | 17.5 | 29.0 |
| Dividend yield | 4.37% | 4170.85% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HCKT | SKM |
|---|---|---|
| 2022 | +1.5% | -17.8% |
| 2023 | +14.1% | +11.6% |
| 2024 | +37.3% | +2.9% |
| 2025 | -34.7% | +1.0% |
| 2026 | -41.9% | +92.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HCKT and SKM good diversifiers for each other?
Yes. With a correlation of -0.26, HCKT and SKM have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between HCKT and SKM?
As of 2026-08-27, the correlation of weekly returns between HCKT and SKM is -0.26 over 3 years, -0.41 over 1 year and -0.13 over 5 years.
Is SKM a good diversifier for HCKT?
Yes. With a correlation of -0.26, HCKT and SKM have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.26 mean?
On the −1 to +1 scale, -0.26 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/hckt-vs-skm.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/hckt-vs-skm/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: HCKT correlations · SKM correlations
