INLX vs SWK: Correlation
Intellinetics, Inc. (INLX) and Stanley Black & Decker (SWK) show a negative relationship: their 3-year correlation of weekly returns is -0.16.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are INLX and SWK?
Over the past 3 years, INLX and SWK moved with a correlation of -0.16, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.13) sits close to the 3-year figure. Over 5 years the correlation is -0.06, and the annualized covariance of weekly returns is -343.5 %².
Among the 24 assets we track against INLX, SWK ranks #10 by 3-year correlation. Correlation aside, the last 12 months split them widely, with SWK ahead by 83.4 points (-46.4% versus +37.0%). Note the risk asymmetry: INLX runs 1.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
INLX vs SWK: side by side
| INLX (Intellinetics, Inc.) | SWK (Stanley Black & Decker) | |
|---|---|---|
| 1-year return | -46.4% | +37.0% |
| 5-year return | +7.4% | -39.1% |
| Volatility (ann.) | 60.0% | 35.4% |
| Beta vs S&P 500 | -0.07 | 1.19 |
| Max drawdown (3Y) | -65.9% | -48.3% |
| Market cap | – | $15.0B |
| P/E (trailing) | – | 24.4 |
| Dividend yield | 0.00% | 3.33% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | INLX | SWK |
|---|---|---|
| 2022 | -43.5% | -58.9% |
| 2023 | +18.5% | +35.6% |
| 2024 | +171.7% | -15.2% |
| 2025 | -42.0% | -3.2% |
| 2026 | -34.2% | +36.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are INLX and SWK good diversifiers for each other?
By historical standards, yes. A correlation of -0.16 means the two rarely move for the same reasons.
FAQ
What is the correlation between INLX and SWK?
The INLX/SWK correlation stands at -0.16 on a 3-year window (1 year: -0.13, 5 years: -0.06), computed from weekly returns as of 2026-08-27.
Is SWK a good diversifier for INLX?
By historical standards, yes. A correlation of -0.16 means the two rarely move for the same reasons.
What does a correlation of -0.16 mean?
On the −1 to +1 scale, -0.16 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/inlx-vs-swk.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/inlx-vs-swk/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: INLX correlations · SWK correlations
