JYNT vs PPLI: Correlation
How closely do The Joint Corp. (JYNT) and People Incorporated (PPLI) trade together? Their weekly returns over three years give a correlation of 0.44, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JYNT and PPLI?
Over the past 3 years, JYNT and PPLI moved with a correlation of 0.44, which is moderate. The relationship has been stable: the 1-year correlation (0.53) sits close to the 3-year figure. Over 5 years the correlation is 0.46, and the annualized covariance of weekly returns is 588.1 %².
Within JYNT's tracked universe of 12 assets, PPLI comes in at #4 by 3-year correlation. The last year tells two different stories: PPLI led by 28.4 percentage points, -21.4% for JYNT against +7.0% for PPLI.
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.
JYNT vs PPLI: side by side
| JYNT (The Joint Corp.) | PPLI (People Incorporated) | |
|---|---|---|
| 1-year return | -21.4% | +7.0% |
| 5-year return | -91.8% | -63.8% |
| Volatility (ann.) | 41.9% | 32.1% |
| Beta vs S&P 500 | 0.98 | 0.98 |
| Max drawdown (3Y) | -56.6% | -33.4% |
| Market cap | $0.1B | $2.9B |
| P/E (trailing) | 60.1 | 6.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | JYNT | PPLI |
|---|---|---|
| 2022 | -78.7% | -66.0% |
| 2023 | -31.3% | +18.0% |
| 2024 | +10.6% | -17.6% |
| 2025 | -18.0% | +10.5% |
| 2026 | -3.6% | +0.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JYNT and PPLI good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between JYNT and PPLI?
As of 2026-08-27, the correlation of weekly returns between JYNT and PPLI is 0.44 over 3 years, 0.53 over 1 year and 0.46 over 5 years.
Is PPLI a good diversifier for JYNT?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.44 mean?
On the −1 to +1 scale, 0.44 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/jynt-vs-ppli.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/jynt-vs-ppli/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: JYNT correlations · PPLI correlations
