IMTE vs KBSX: Correlation
Integrated Media Technology Limited (IMTE) and FST Corp. (KBSX) show a negative relationship: their 3-year correlation of weekly returns is -0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IMTE and KBSX?
On 3 years of weekly data the IMTE/KBSX correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.10) runs above the 3-year figure (-0.25). The 5-year figure is -0.20, and annualized covariance runs at -3688.9 %².
KBSX is close to the least connected end of IMTE's tracked universe, ranking #8 of 10. On 12-month performance KBSX holds a 10.1-point edge, -49.6% against -39.5%. Risk is not evenly split, since IMTE 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.
IMTE vs KBSX: side by side
| IMTE (Integrated Media Technology Limited) | KBSX (FST Corp.) | |
|---|---|---|
| 1-year return | -49.6% | -39.5% |
| 5-year return | -99.0% | -89.8% |
| Volatility (ann.) | 164.0% | 88.4% |
| Beta vs S&P 500 | -0.05 | 0.95 |
| Max drawdown (3Y) | -90.0% | -94.0% |
| Market cap | – | – |
| P/E (trailing) | – | 8.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IMTE | KBSX |
|---|---|---|
| 2022 | -84.6% | – |
| 2023 | -60.6% | +7.3% |
| 2024 | -53.9% | -12.7% |
| 2025 | -51.9% | -85.5% |
| 2026 | -19.5% | -27.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IMTE and KBSX good diversifiers for each other?
Yes. With a correlation of -0.25, IMTE and KBSX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between IMTE and KBSX?
As of 2026-08-27, the correlation of weekly returns between IMTE and KBSX is -0.25 over 3 years, -0.10 over 1 year and -0.20 over 5 years.
Is KBSX a good diversifier for IMTE?
Yes. With a correlation of -0.25, IMTE and KBSX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.25 mean?
A reading of -0.25 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/imte-vs-kbsx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/imte-vs-kbsx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: IMTE correlations · KBSX correlations
