J vs STN: Correlation
Measured on weekly returns over the past three years, Jacobs Solutions (J) and Stantec Inc (STN) carry a correlation of 0.55, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are J and STN?
On 3 years of weekly data the J/STN correlation comes out at 0.55, moderate. The link has tightened recently: the 1-year correlation (0.77) runs above the 3-year figure (0.55). The 5-year figure is 0.54, and annualized covariance runs at 340.0 %².
STN is one of the assets that tracks J most closely: it ranks #2 out of the 34 assets we track against J. Correlation aside, the last 12 months split them widely, with J ahead by 34.0 points (+2.6% versus -31.4%).
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.
J vs STN: side by side
| J (Jacobs Solutions) | STN (Stantec Inc) | |
|---|---|---|
| 1-year return | +2.6% | -31.4% |
| 5-year return | +40.5% | +62.2% |
| Volatility (ann.) | 25.7% | 24.1% |
| Beta vs S&P 500 | 0.77 | 0.70 |
| Max drawdown (3Y) | -34.4% | -41.0% |
| Market cap | $17.6B | $8.4B |
| P/E (trailing) | 49.9 | 23.6 |
| Dividend yield | 0.90% | 1.25% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | J | STN |
|---|---|---|
| 2022 | -13.1% | -13.8% |
| 2023 | +9.0% | +68.8% |
| 2024 | +24.2% | -1.4% |
| 2025 | +1.1% | +20.7% |
| 2026 | +14.6% | -20.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are J and STN good diversifiers for each other?
To a limited degree. At 0.55 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between J and STN?
Using weekly returns as of 2026-08-27: 0.55 over 3 years, with 0.77 over the last year and 0.54 over 5 years.
Is STN a good diversifier for J?
To a limited degree. At 0.55 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.55 mean?
A reading of 0.55 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/j-vs-stn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/j-vs-stn/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: J correlations · STN correlations
