JOB vs PAM: Correlation
How closely do GEE Group Inc. (JOB) and Pampa Energia S.A. (PAM) trade together? Their weekly returns over three years give a correlation of -0.22, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JOB and PAM?
Across a 3-year window, the weekly returns of JOB and PAM correlate at -0.22, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.25 lands near the 3-year figure. Stretching to 5 years gives -0.10, with an annualized covariance of -454.0 %².
PAM is close to the least connected end of JOB's tracked universe, ranking #10 of 10. Over the last 12 months JOB came out ahead by 11.3 percentage points (+33.7% against +22.4%).
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.
JOB vs PAM: side by side
| JOB (GEE Group Inc.) | PAM (Pampa Energia S.A.) | |
|---|---|---|
| 1-year return | +33.7% | +22.4% |
| 5-year return | -52.1% | +339.3% |
| Volatility (ann.) | 45.1% | 45.3% |
| Beta vs S&P 500 | 0.33 | 0.38 |
| Max drawdown (3Y) | -71.0% | -40.4% |
| Market cap | – | $4.3B |
| P/E (trailing) | – | 7.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | JOB | PAM |
|---|---|---|
| 2022 | -14.0% | +51.3% |
| 2023 | +2.0% | +55.0% |
| 2024 | -58.0% | +77.6% |
| 2025 | -4.8% | +0.6% |
| 2026 | +27.0% | -8.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JOB and PAM good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between JOB and PAM?
As of 2026-08-27, the correlation of weekly returns between JOB and PAM is -0.22 over 3 years, -0.25 over 1 year and -0.10 over 5 years.
Is PAM a good diversifier for JOB?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 mean?
A reading of -0.22 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/job-vs-pam.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/job-vs-pam/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: JOB correlations · PAM correlations
