HOUR vs SAIC: Correlation
How closely do Hour Loop, Inc. (HOUR) and Science Applications International Corporation (SAIC) trade together? Their weekly returns over three years give a correlation of -0.20, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HOUR and SAIC?
Across a 3-year window, the weekly returns of HOUR and SAIC correlate at -0.20, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.31 versus -0.20 over 3 years. Stretching to 5 years gives -0.14, with an annualized covariance of -839.5 %².
Out of 10 assets tracked against HOUR, SAIC lands near the bottom at #9. The last year tells two different stories: HOUR led by 16.5 percentage points, +26.1% for HOUR against +9.6% for SAIC. Risk is not evenly split, since HOUR carries 3.8 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.
HOUR vs SAIC: side by side
| HOUR (Hour Loop, Inc.) | SAIC (Science Applications International Corporation) | |
|---|---|---|
| 1-year return | +26.1% | +9.6% |
| 5-year return | -76.6% | +64.0% |
| Volatility (ann.) | 126.8% | 33.6% |
| Beta vs S&P 500 | 1.23 | 0.36 |
| Max drawdown (3Y) | -74.1% | -45.7% |
| Market cap | $0.1B | $5.5B |
| P/E (trailing) | 46.8 | 14.5 |
| Dividend yield | 0.00% | 1.16% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HOUR | SAIC |
|---|---|---|
| 2022 | – | +34.9% |
| 2023 | -47.0% | +13.6% |
| 2024 | +62.6% | -9.0% |
| 2025 | -20.0% | -8.7% |
| 2026 | +3.9% | +29.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HOUR and SAIC good diversifiers for each other?
Yes. With a correlation of -0.20, HOUR and SAIC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between HOUR and SAIC?
As of 2026-08-27, the correlation of weekly returns between HOUR and SAIC is -0.20 over 3 years, -0.31 over 1 year and -0.14 over 5 years.
Is SAIC a good diversifier for HOUR?
Yes. With a correlation of -0.20, HOUR and SAIC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.20 mean?
A reading of -0.20 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/hour-vs-saic.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/hour-vs-saic/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: HOUR correlations · SAIC correlations
