KBSX vs SGLY: Correlation
How closely do FST Corp. (KBSX) and Singularity Future Technology Ltd. (SGLY) trade together? Their weekly returns over three years give a correlation of 0.37, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KBSX and SGLY?
On 3 years of weekly data the KBSX/SGLY correlation comes out at 0.37, moderate. The link has loosened recently: the 1-year correlation (-0.09) runs below the 3-year figure (0.37). The 5-year figure is 0.33, and annualized covariance runs at 4752.4 %².
Few assets follow KBSX as closely as SGLY, which ranks #2 of 16 tracked partners. Correlation aside, the last 12 months split them widely, with KBSX ahead by 47.4 points (-39.5% versus -86.9%). Risk is not evenly split, since SGLY carries 1.7 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.
KBSX vs SGLY: side by side
| KBSX (FST Corp.) | SGLY (Singularity Future Technology Ltd.) | |
|---|---|---|
| 1-year return | -39.5% | -86.9% |
| 5-year return | -89.8% | -99.5% |
| Volatility (ann.) | 88.4% | 146.7% |
| Beta vs S&P 500 | 0.95 | 1.68 |
| Max drawdown (3Y) | -94.0% | -98.0% |
| Market cap | – | – |
| P/E (trailing) | 8.4 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KBSX | SGLY |
|---|---|---|
| 2022 | – | -91.2% |
| 2023 | +7.3% | +28.6% |
| 2024 | -12.7% | -70.0% |
| 2025 | -85.5% | -60.5% |
| 2026 | -27.9% | -77.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KBSX and SGLY good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between KBSX and SGLY?
Using weekly returns as of 2026-08-27: 0.37 over 3 years, with -0.09 over the last year and 0.33 over 5 years.
Is SGLY a good diversifier for KBSX?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.37 mean?
On the −1 to +1 scale, 0.37 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/kbsx-vs-sgly.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/kbsx-vs-sgly/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: KBSX correlations · SGLY correlations
