JKHY vs TLN: Correlation
Measured on weekly returns over the past three years, Jack Henry & Associates (JKHY) and Talen Energy Corporation (TLN) 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 TLN?
Over the past 3 years, JKHY and TLN moved with a correlation of -0.25, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.33 over 1 year against -0.25 over 3. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -276.8 %².
Among the 33 assets we track against JKHY, TLN sits near the bottom by co-movement, at rank #32. Their recent paths diverged sharply: over the last 12 months JKHY outperformed by 26.0 percentage points (+5.8% for JKHY against -20.2% for TLN). Risk is not evenly split, since TLN carries 2.1 times the volatility of the other side.
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 TLN: side by side
| JKHY (Jack Henry & Associates) | TLN (Talen Energy Corporation) | |
|---|---|---|
| 1-year return | +5.8% | -20.2% |
| 5-year return | +2.6% | n/a |
| Volatility (ann.) | 23.0% | 47.4% |
| Beta vs S&P 500 | 0.21 | 1.39 |
| Max drawdown (3Y) | -35.4% | -33.8% |
| Market cap | $12.1B | $14.6B |
| P/E (trailing) | 24.7 | – |
| Dividend yield | 1.38% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | JKHY | TLN |
|---|---|---|
| 2022 | +6.2% | – |
| 2023 | -5.7% | – |
| 2024 | +8.7% | +214.8% |
| 2025 | +5.5% | +86.1% |
| 2026 | -6.3% | -18.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JKHY and TLN good diversifiers for each other?
Yes. With a correlation of -0.25, JKHY and TLN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between JKHY and TLN?
Using weekly returns as of 2026-08-27: -0.25 over 3 years, with -0.33 over the last year and n/a over 5 years.
Is TLN a good diversifier for JKHY?
Yes. With a correlation of -0.25, JKHY and TLN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.25 mean?
On the −1 to +1 scale, -0.25 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/jkhy-vs-tln.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/jkhy-vs-tln/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: JKHY correlations · TLN correlations
