KD vs STN: Correlation
Kyndryl Holdings, Inc. (KD) and Stantec Inc (STN) 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 KD and STN?
On 3 years of weekly data the KD/STN correlation comes out at 0.50, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.70 versus 0.50 over 3 years. The 5-year figure is 0.42, and annualized covariance runs at 640.4 %².
Within KD's tracked universe of 27 assets, STN comes in at #9 by 3-year correlation. Correlation aside, the last 12 months split them widely, with STN ahead by 26.6 points (-58.0% versus -31.4%). Risk is not evenly split, since KD carries 2.2 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.
KD vs STN: side by side
| KD (Kyndryl Holdings, Inc.) | STN (Stantec Inc) | |
|---|---|---|
| 1-year return | -58.0% | -31.4% |
| 5-year return | -67.5% | +62.2% |
| Volatility (ann.) | 53.4% | 24.1% |
| Beta vs S&P 500 | 1.59 | 0.70 |
| Max drawdown (3Y) | -75.6% | -41.0% |
| Market cap | $2.9B | $8.4B |
| P/E (trailing) | 34.0 | 23.6 |
| Dividend yield | 0.00% | 1.25% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KD | STN |
|---|---|---|
| 2022 | -38.6% | -13.8% |
| 2023 | +86.9% | +68.8% |
| 2024 | +66.5% | -1.4% |
| 2025 | -23.2% | +20.7% |
| 2026 | -50.1% | -20.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KD and STN good diversifiers for each other?
Only partially. A correlation of 0.50 means KD and STN 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 KD and STN?
The KD/STN correlation stands at 0.50 on a 3-year window (1 year: 0.70, 5 years: 0.42), computed from weekly returns as of 2026-08-27.
Is STN a good diversifier for KD?
Only partially. A correlation of 0.50 means KD and STN 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/kd-vs-stn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/kd-vs-stn/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: KD correlations · STN correlations
