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KELYB vs TTWO: Correlation

Measured on weekly returns over the past three years, Kelly Services, Inc. (KELYB) and Take-Two Interactive (TTWO) carry a correlation of -0.18, a negative link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.18
negative
Correlation (1Y)
-0.20
last 12 months
Correlation (5Y)
-0.09
long-run
Ann. covariance
-299.0
%² · weekly, annualized

How correlated are KELYB and TTWO?

Over the past 3 years, KELYB and TTWO moved with a correlation of -0.18, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.20 over 1 year against -0.18 over 3. Over 5 years the correlation is -0.09, and the annualized covariance of weekly returns is -299.0 %².

TTWO is close to the least connected end of KELYB's tracked universe, ranking #8 of 12. Their recent paths diverged sharply: over the last 12 months KELYB outperformed by 62.4 percentage points (+62.8% for KELYB against +0.4% for TTWO). Note the risk asymmetry: KELYB runs 2.2 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.

KELYB vs TTWO: side by side

KELYB (Kelly Services, Inc.)TTWO (Take-Two Interactive)
1-year return+62.8%+0.4%
5-year return+26.3%+47.3%
Volatility (ann.)60.8%27.3%
Beta vs S&P 5000.400.85
Max drawdown (3Y)-66.9%-27.7%
Market cap$0.8B$43.6B
P/E (trailing)
Dividend yield1.38%0.00%
Sector / categoryUS ListedCommunication Services
Higher yield: KELYB 1.38% vs 0.00%Smaller drawdown: TTWO -27.7% vs -66.9%Higher 5y return: TTWO +47.3% vs +26.3%
-38%0%+78%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). KELYB · TTWO

Year-by-year returns

YearKELYBTTWO
2022+3.1%-41.4%
2023+27.5%+54.6%
2024-34.7%+14.4%
2025-35.9%+39.1%
2026+170.6%-9.0%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are KELYB and TTWO good diversifiers for each other?

Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between KELYB and TTWO?

Using weekly returns as of 2026-08-27: -0.18 over 3 years, with -0.20 over the last year and -0.09 over 5 years.

Is TTWO a good diversifier for KELYB?

Yes: at -0.18, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.18 mean?

On the −1 to +1 scale, -0.18 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

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KELYB vs TTWO: 3-year weekly correlation -0.18KELYB vs TTWO-0.18

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Related comparisons

Hubs: KELYB correlations · TTWO correlations