INTU vs TIGO: Correlation
How closely do Intuit (INTU) and Millicom International Cellular S.A. (TIGO) trade together? Their weekly returns over three years give a correlation of -0.25, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are INTU and TIGO?
On 3 years of weekly data the INTU/TIGO correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.39) runs below the 3-year figure (-0.25). The 5-year figure is -0.02, and annualized covariance runs at -286.3 %².
By 3-year correlation, TIGO places #33 of the 45 assets tracked against INTU. Correlation aside, the last 12 months split them widely, with TIGO ahead by 160.9 points (-46.9% versus +114.0%).
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.
INTU vs TIGO: side by side
| INTU (Intuit) | TIGO (Millicom International Cellular S.A.) | |
|---|---|---|
| 1-year return | -46.9% | +114.0% |
| 5-year return | -36.2% | +193.9% |
| Volatility (ann.) | 36.2% | 31.5% |
| Beta vs S&P 500 | 0.70 | 0.20 |
| Max drawdown (3Y) | -68.2% | -17.7% |
| Market cap | $95.2B | $15.6B |
| P/E (trailing) | 21.0 | 23.3 |
| Dividend yield | 1.39% | 3.12% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | INTU | TIGO |
|---|---|---|
| 2022 | -39.1% | -55.6% |
| 2023 | +61.8% | +42.5% |
| 2024 | +1.2% | +38.9% |
| 2025 | +6.1% | +152.3% |
| 2026 | -47.0% | +76.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are INTU and TIGO good diversifiers for each other?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
FAQ
What is the correlation between INTU and TIGO?
The INTU/TIGO correlation stands at -0.25 on a 3-year window (1 year: -0.39, 5 years: -0.02), computed from weekly returns as of 2026-08-27.
Is TIGO a good diversifier for INTU?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
What does a correlation of -0.25 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/intu-vs-tigo.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/intu-vs-tigo/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: INTU correlations · TIGO correlations
