JOUT vs SSD: Correlation
Johnson Outdoors Inc. (JOUT) and Simpson Manufacturing Company, Inc. (SSD) show a moderate relationship: their 3-year correlation of weekly returns is 0.50.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JOUT and SSD?
On 3 years of weekly data the JOUT/SSD correlation comes out at 0.50, moderate. Recent behaviour matches the longer record: 0.50 over 1 year against 0.50 over 3. The 5-year figure is 0.48, and annualized covariance runs at 510.6 %².
By 3-year correlation, SSD places #5 of the 12 assets tracked against JOUT. Correlation aside, the last 12 months split them widely, with JOUT ahead by 19.8 points (+14.5% versus -5.3%).
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.
JOUT vs SSD: side by side
| JOUT (Johnson Outdoors Inc.) | SSD (Simpson Manufacturing Company, Inc.) | |
|---|---|---|
| 1-year return | +14.5% | -5.3% |
| 5-year return | -55.0% | +65.7% |
| Volatility (ann.) | 34.4% | 29.5% |
| Beta vs S&P 500 | 0.57 | 0.89 |
| Max drawdown (3Y) | -59.4% | -34.4% |
| Market cap | $0.5B | $7.5B |
| P/E (trailing) | – | 20.3 |
| Dividend yield | 2.90% | 0.63% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | JOUT | SSD |
|---|---|---|
| 2022 | -28.1% | -35.6% |
| 2023 | -17.5% | +125.4% |
| 2024 | -36.1% | -15.7% |
| 2025 | +34.1% | -1.9% |
| 2026 | +10.1% | +13.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JOUT and SSD good diversifiers for each other?
Only partially. A correlation of 0.50 means JOUT and SSD share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between JOUT and SSD?
As of 2026-08-27, the correlation of weekly returns between JOUT and SSD is 0.50 over 3 years, 0.50 over 1 year and 0.48 over 5 years.
Is SSD a good diversifier for JOUT?
Only partially. A correlation of 0.50 means JOUT and SSD share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.50 mean?
A reading of 0.50 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/jout-vs-ssd.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/jout-vs-ssd/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: JOUT correlations · SSD correlations
