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KEP vs QUCY: Correlation

How closely do Korea Electric Power Corporation (KEP) and Quantum Cyber N.V. (QUCY) trade together? Their weekly returns over three years give a correlation of -0.26, which is negative.

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

Correlation (3Y)
-0.26
negative
Correlation (1Y)
-0.34
last 12 months
Correlation (5Y)
-0.22
long-run
Ann. covariance
-20303.0
%² · weekly, annualized

How correlated are KEP and QUCY?

On 3 years of weekly data the KEP/QUCY correlation comes out at -0.26, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.34 over 1 year against -0.26 over 3. The 5-year figure is -0.22, and annualized covariance runs at -20303.0 %².

QUCY is close to the least connected end of KEP's tracked universe, ranking #9 of 10. Neither side won the trailing year by much: -10.9% against -9.3%. Note the risk asymmetry: QUCY runs 42.8 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.

KEP vs QUCY: side by side

KEP (Korea Electric Power Corporation)QUCY (Quantum Cyber N.V.)
1-year return-10.9%-9.3%
5-year return+18.4%-94.4%
Volatility (ann.)43.0%1840.9%
Beta vs S&P 5000.893.76
Max drawdown (3Y)-51.9%-95.9%
Market cap$15.3B$0.1B
P/E (trailing)2.8
Dividend yield12598.04%0.00%
Sector / categoryUS ListedUS Listed
Higher yield: KEP 12598.04% vs 0.00%Smaller drawdown: KEP -51.9% vs -95.9%Higher 5y return: KEP +18.4% vs -94.4%
-78%0%+112%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. KEP · QUCY

Year-by-year returns

YearKEPQUCY
2022-5.5%-31.7%
2023-16.1%-83.7%
2024-4.0%+272.4%
2025+139.8%-74.1%
2026-27.7%+31.3%

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

Are KEP and QUCY good diversifiers for each other?

Yes: at -0.26, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between KEP and QUCY?

Using weekly returns as of 2026-08-27: -0.26 over 3 years, with -0.34 over the last year and -0.22 over 5 years.

Is QUCY a good diversifier for KEP?

Yes: at -0.26, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.26 mean?

Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.

Use this data

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/kep-vs-qucy.json

KEP vs QUCY: 3-year weekly correlation -0.26KEP vs QUCY-0.26

Drop this badge in a README or notebook; it updates with the data:

[![KEP vs QUCY correlation](https://www.pairbook.io/api/v1/badge/kep-vs-qucy.svg)](https://www.pairbook.io/pair/kep-vs-qucy/)

No key needed, free to use. Full endpoint list in the API documentation.

Related comparisons

Hubs: KEP correlations · QUCY correlations