JOE vs KIDS: Correlation
St. Joe Company (The) (JOE) and OrthoPediatrics Corp. (KIDS) show a moderate relationship: their 3-year correlation of weekly returns is 0.47.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JOE and KIDS?
Over the past 3 years, JOE and KIDS moved with a correlation of 0.47, which is moderate. Recent behaviour matches the longer record: 0.40 over 1 year against 0.47 over 3. Over 5 years the correlation is 0.39, and the annualized covariance of weekly returns is 626.4 %².
Among the 12 assets we track against JOE, KIDS ranks #7 by 3-year correlation. The last year tells two different stories: JOE led by 27.3 percentage points, +35.1% for JOE against +7.8% for KIDS. Note the risk asymmetry: KIDS runs 1.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
JOE vs KIDS: side by side
| JOE (St. Joe Company (The)) | KIDS (OrthoPediatrics Corp.) | |
|---|---|---|
| 1-year return | +35.1% | +7.8% |
| 5-year return | +53.5% | -65.6% |
| Volatility (ann.) | 28.2% | 47.6% |
| Beta vs S&P 500 | 0.84 | 0.91 |
| Max drawdown (3Y) | -35.4% | -62.1% |
| Market cap | $3.9B | $0.6B |
| P/E (trailing) | 32.5 | – |
| Dividend yield | 0.90% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | JOE | KIDS |
|---|---|---|
| 2022 | -25.1% | -33.6% |
| 2023 | +57.1% | -18.2% |
| 2024 | -24.6% | -28.7% |
| 2025 | +33.7% | -23.4% |
| 2026 | +15.2% | +31.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JOE and KIDS good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between JOE and KIDS?
Using weekly returns as of 2026-08-27: 0.47 over 3 years, with 0.40 over the last year and 0.39 over 5 years.
Is KIDS a good diversifier for JOE?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.47 mean?
On the −1 to +1 scale, 0.47 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/joe-vs-kids.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/joe-vs-kids/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: JOE correlations · KIDS correlations
