HURN vs SKM: Correlation
How closely do Huron Consulting Group Inc. (HURN) and SK Telecom Co., Ltd. (SKM) trade together? Their weekly returns over three years give a correlation of -0.31, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HURN and SKM?
Across a 3-year window, the weekly returns of HURN and SKM correlate at -0.31, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.45) than the 3-year average (-0.31). Stretching to 5 years gives -0.18, with an annualized covariance of -408.8 %².
Among the 19 assets we track against HURN, SKM sits near the bottom by co-movement, at rank #18. Their recent paths diverged sharply: over the last 12 months SKM outperformed by 64.5 percentage points (+15.6% for HURN against +80.1% for SKM).
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.
HURN vs SKM: side by side
| HURN (Huron Consulting Group Inc.) | SKM (SK Telecom Co., Ltd.) | |
|---|---|---|
| 1-year return | +15.6% | +80.1% |
| 5-year return | +229.3% | +83.7% |
| Volatility (ann.) | 42.3% | 31.3% |
| Beta vs S&P 500 | 0.53 | 0.32 |
| Max drawdown (3Y) | -51.4% | -35.6% |
| Market cap | $2.5B | $15.2B |
| P/E (trailing) | 23.6 | 29.0 |
| Dividend yield | 0.00% | 4170.85% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HURN | SKM |
|---|---|---|
| 2022 | +45.5% | -17.8% |
| 2023 | +41.6% | +11.6% |
| 2024 | +20.9% | +2.9% |
| 2025 | +39.2% | +1.0% |
| 2026 | -7.6% | +92.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HURN and SKM good diversifiers for each other?
By historical standards, yes. A correlation of -0.31 means the two rarely move for the same reasons.
FAQ
What is the correlation between HURN and SKM?
The HURN/SKM correlation stands at -0.31 on a 3-year window (1 year: -0.45, 5 years: -0.18), computed from weekly returns as of 2026-08-27.
Is SKM a good diversifier for HURN?
By historical standards, yes. A correlation of -0.31 means the two rarely move for the same reasons.
What does a correlation of -0.31 mean?
On the −1 to +1 scale, -0.31 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/hurn-vs-skm.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/hurn-vs-skm/)
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Related comparisons
Hubs: HURN correlations · SKM correlations
