JKHY vs SKM: Correlation
Measured on weekly returns over the past three years, Jack Henry & Associates (JKHY) and SK Telecom Co., Ltd. (SKM) carry a correlation of -0.25, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JKHY and SKM?
Over the past 3 years, JKHY and SKM moved with a correlation of -0.25, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.42) than the 3-year average (-0.25). Over 5 years the correlation is -0.15, and the annualized covariance of weekly returns is -181.2 %².
Among the 33 assets we track against JKHY, SKM sits near the bottom by co-movement, at rank #31. The last year tells two different stories: SKM led by 74.3 percentage points, +5.8% for JKHY against +80.1% for SKM.
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.
JKHY vs SKM: side by side
| JKHY (Jack Henry & Associates) | SKM (SK Telecom Co., Ltd.) | |
|---|---|---|
| 1-year return | +5.8% | +80.1% |
| 5-year return | +2.6% | +83.7% |
| Volatility (ann.) | 23.0% | 31.3% |
| Beta vs S&P 500 | 0.21 | 0.32 |
| Max drawdown (3Y) | -35.4% | -35.6% |
| Market cap | $12.1B | $15.2B |
| P/E (trailing) | 24.7 | 29.0 |
| Dividend yield | 1.38% | 4170.85% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | JKHY | SKM |
|---|---|---|
| 2022 | +6.2% | -17.8% |
| 2023 | -5.7% | +11.6% |
| 2024 | +8.7% | +2.9% |
| 2025 | +5.5% | +1.0% |
| 2026 | -6.3% | +92.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JKHY and SKM good diversifiers for each other?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between JKHY and SKM?
Using weekly returns as of 2026-08-27: -0.25 over 3 years, with -0.42 over the last year and -0.15 over 5 years.
Is SKM a good diversifier for JKHY?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.25 mean?
A reading of -0.25 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/jkhy-vs-skm.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/jkhy-vs-skm/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: JKHY correlations · SKM correlations
