IA vs PKE: Correlation
Innovative Solutions and Support, Inc. (IA) and Park Aerospace Corp. (PKE) show a moderate relationship: their 3-year correlation of weekly returns is 0.33.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IA and PKE?
Across a 3-year window, the weekly returns of IA and PKE correlate at 0.33, moderate. Little has changed lately, as the 1-year reading of 0.28 lands near the 3-year figure. Stretching to 5 years gives 0.25, with an annualized covariance of 800.6 %².
By 3-year correlation, PKE places #5 of the 10 assets tracked against IA. The last year tells two different stories: PKE led by 18.4 percentage points, +57.7% for IA against +76.1% for PKE. Risk is not evenly split, since IA carries 1.9 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.
IA vs PKE: side by side
| IA (Innovative Solutions and Support, Inc.) | PKE (Park Aerospace Corp.) | |
|---|---|---|
| 1-year return | +57.7% | +76.1% |
| 5-year return | +202.0% | +176.6% |
| Volatility (ann.) | 67.2% | 36.0% |
| Beta vs S&P 500 | 1.21 | 0.80 |
| Max drawdown (3Y) | -57.8% | -26.6% |
| Market cap | $0.4B | $0.7B |
| P/E (trailing) | 20.4 | 51.8 |
| Dividend yield | 0.00% | 1.52% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IA | PKE |
|---|---|---|
| 2022 | +25.3% | +4.9% |
| 2023 | +3.8% | +21.5% |
| 2024 | +0.1% | +3.2% |
| 2025 | +121.8% | +50.5% |
| 2026 | +11.8% | +54.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IA and PKE good diversifiers for each other?
Reasonably. At 0.33, IA and PKE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between IA and PKE?
The IA/PKE correlation stands at 0.33 on a 3-year window (1 year: 0.28, 5 years: 0.25), computed from weekly returns as of 2026-08-27.
Is PKE a good diversifier for IA?
Reasonably. At 0.33, IA and PKE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.33 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ia-vs-pke.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ia-vs-pke/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: IA correlations · PKE correlations
