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
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 500 | 0.89 | 3.76 |
| Max drawdown (3Y) | -51.9% | -95.9% |
| Market cap | $15.3B | $0.1B |
| P/E (trailing) | 2.8 | – |
| Dividend yield | 12598.04% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KEP | QUCY |
|---|---|---|
| 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
$ curl https://www.pairbook.io/api/v1/pairs/kep-vs-qucy.json
Drop this badge in a README or notebook; it updates with the data:
[](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