JAKK vs NRT: Correlation
Measured on weekly returns over the past three years, JAKKS Pacific, Inc. (JAKK) and North European Oil Royality Trust (NRT) carry a correlation of -0.20, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JAKK and NRT?
Over the past 3 years, JAKK and NRT moved with a correlation of -0.20, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.05 versus -0.20 over 3 years. Over 5 years the correlation is 0.03, and the annualized covariance of weekly returns is -562.5 %².
NRT is close to the least connected end of JAKK's tracked universe, ranking #9 of 12. Correlation aside, the last 12 months split them widely, with NRT ahead by 36.3 points (+48.9% versus +85.2%).
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.
JAKK vs NRT: side by side
| JAKK (JAKKS Pacific, Inc.) | NRT (North European Oil Royality Trust) | |
|---|---|---|
| 1-year return | +48.9% | +85.2% |
| 5-year return | +96.2% | +131.5% |
| Volatility (ann.) | 54.5% | 51.6% |
| Beta vs S&P 500 | 1.20 | -0.42 |
| Max drawdown (3Y) | -57.3% | -66.1% |
| Market cap | $0.3B | $0.1B |
| P/E (trailing) | 18.2 | 8.4 |
| Dividend yield | 3.90% | 11.95% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | JAKK | NRT |
|---|---|---|
| 2022 | +72.1% | +41.9% |
| 2023 | +103.3% | -46.5% |
| 2024 | -20.8% | -25.3% |
| 2025 | -36.9% | +88.4% |
| 2026 | +55.1% | +41.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JAKK and NRT good diversifiers for each other?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
FAQ
What is the correlation between JAKK and NRT?
Using weekly returns as of 2026-08-27: -0.20 over 3 years, with 0.05 over the last year and 0.03 over 5 years.
Is NRT a good diversifier for JAKK?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
What does a correlation of -0.20 mean?
A reading of -0.20 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/jakk-vs-nrt.json
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Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: JAKK correlations · NRT correlations
