KKR vs PAR: Correlation
Measured on weekly returns over the past three years, KKR & Co. (KKR) and PAR Technology Corporation (PAR) carry a correlation of 0.61, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KKR and PAR?
Over the past 3 years, KKR and PAR moved with a correlation of 0.61, which is strong. The relationship has been stable: the 1-year correlation (0.60) sits close to the 3-year figure. Over 5 years the correlation is 0.55, and the annualized covariance of weekly returns is 1287.8 %².
Among the 37 assets we track against KKR, PAR ranks #19 by 3-year correlation. Correlation aside, the last 12 months split them widely, with KKR ahead by 41.6 points (-21.6% versus -63.2%).
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.
KKR vs PAR: side by side
| KKR (KKR & Co.) | PAR (PAR Technology Corporation) | |
|---|---|---|
| 1-year return | -21.6% | -63.2% |
| 5-year return | +77.3% | -71.7% |
| Volatility (ann.) | 37.8% | 56.2% |
| Beta vs S&P 500 | 1.76 | 1.72 |
| Max drawdown (3Y) | -49.4% | -85.4% |
| Market cap | $101.0B | $0.8B |
| P/E (trailing) | 34.7 | – |
| Dividend yield | 0.70% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | KKR | PAR |
|---|---|---|
| 2022 | -37.0% | -50.6% |
| 2023 | +80.5% | +67.0% |
| 2024 | +79.6% | +66.9% |
| 2025 | -13.3% | -50.1% |
| 2026 | -13.8% | -47.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KKR and PAR good diversifiers for each other?
Only partially. A correlation of 0.61 means KKR and PAR 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 KKR and PAR?
As of 2026-08-27, the correlation of weekly returns between KKR and PAR is 0.61 over 3 years, 0.60 over 1 year and 0.55 over 5 years.
Is PAR a good diversifier for KKR?
Only partially. A correlation of 0.61 means KKR and PAR share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.61 mean?
A reading of 0.61 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/kkr-vs-par.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/kkr-vs-par/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: KKR correlations · PAR correlations
