INTC vs PPC: Correlation
Intel (INTC) and Pilgrim's Pride Corporation (PPC) show a negative relationship: their 3-year correlation of weekly returns is -0.19.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are INTC and PPC?
On 3 years of weekly data the INTC/PPC correlation comes out at -0.19, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.34 versus -0.19 over 3 years. The 5-year figure is -0.04, and annualized covariance runs at -364.9 %².
Out of 37 assets tracked against INTC, PPC lands near the bottom at #33. The last year tells two different stories: INTC led by 301.4 percentage points, +270.6% for INTC against -30.8% for PPC. One caveat on sizing: INTC is 2.1 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
INTC vs PPC: side by side
| INTC (Intel) | PPC (Pilgrim's Pride Corporation) | |
|---|---|---|
| 1-year return | +270.6% | -30.8% |
| 5-year return | +85.4% | +32.4% |
| Volatility (ann.) | 63.0% | 30.3% |
| Beta vs S&P 500 | 2.01 | -0.17 |
| Max drawdown (3Y) | -63.8% | -49.2% |
| Market cap | $486.8B | $7.4B |
| P/E (trailing) | – | 13.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | INTC | PPC |
|---|---|---|
| 2022 | -46.6% | -15.9% |
| 2023 | +94.6% | +16.6% |
| 2024 | -59.6% | +64.1% |
| 2025 | +84.0% | +1.4% |
| 2026 | +149.6% | -20.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are INTC and PPC good diversifiers for each other?
Yes. With a correlation of -0.19, INTC and PPC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between INTC and PPC?
As of 2026-08-27, the correlation of weekly returns between INTC and PPC is -0.19 over 3 years, -0.34 over 1 year and -0.04 over 5 years.
Is PPC a good diversifier for INTC?
Yes. With a correlation of -0.19, INTC and PPC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.19 mean?
On the −1 to +1 scale, -0.19 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/intc-vs-ppc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/intc-vs-ppc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: INTC correlations · PPC correlations
