IHT vs PSKY: Correlation
Measured on weekly returns over the past three years, InnSuites Hospitality Trust Shares of Beneficial Interest (IHT) and Paramount Skydance Corporation (PSKY) carry a correlation of -0.15, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IHT and PSKY?
Across a 3-year window, the weekly returns of IHT and PSKY correlate at -0.15, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.07) runs above the 3-year figure (-0.15). Stretching to 5 years gives -0.07, with an annualized covariance of -440.4 %².
Among the 20 assets we track against IHT, PSKY ranks #9 by 3-year correlation. On 12-month performance PSKY holds a 7.9-point edge, -33.8% against -25.9%.
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.
IHT vs PSKY: side by side
| IHT (InnSuites Hospitality Trust Shares of Beneficial Interest) | PSKY (Paramount Skydance Corporation) | |
|---|---|---|
| 1-year return | -33.8% | -25.9% |
| 5-year return | -63.6% | -69.8% |
| Volatility (ann.) | 55.0% | 54.4% |
| Beta vs S&P 500 | 0.07 | 0.92 |
| Max drawdown (3Y) | -69.6% | -59.9% |
| Market cap | – | $12.1B |
| P/E (trailing) | – | 360.0 |
| Dividend yield | 1.44% | 1.86% |
| Sector / category | US Listed | Communication Services |
Year-by-year returns
| Year | IHT | PSKY |
|---|---|---|
| 2022 | -22.9% | -41.8% |
| 2023 | +2.3% | -10.4% |
| 2024 | +29.5% | -28.0% |
| 2025 | -37.4% | +30.0% |
| 2026 | -3.6% | -18.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IHT and PSKY good diversifiers for each other?
Yes: at -0.15, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between IHT and PSKY?
The IHT/PSKY correlation stands at -0.15 on a 3-year window (1 year: 0.07, 5 years: -0.07), computed from weekly returns as of 2026-08-27.
Is PSKY a good diversifier for IHT?
Yes: at -0.15, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.15 mean?
A reading of -0.15 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/iht-vs-psky.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/iht-vs-psky/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: IHT correlations · PSKY correlations
