KSCP vs PFX: Correlation
How closely do Knightscope, Inc. (KSCP) and PhenixFIN Corporation (PFX) trade together? Their weekly returns over three years give a correlation of -0.19, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KSCP and PFX?
On 3 years of weekly data the KSCP/PFX correlation comes out at -0.19, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.27) sits close to the 3-year figure. The 5-year figure is -0.07, and annualized covariance runs at -477.9 %².
PFX is close to the least connected end of KSCP's tracked universe, ranking #10 of 11. The last year tells two different stories: PFX led by 85.0 percentage points, -77.1% for KSCP against +7.9% for PFX. Note the risk asymmetry: KSCP runs 4.9 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.
KSCP vs PFX: side by side
| KSCP (Knightscope, Inc.) | PFX (PhenixFIN Corporation) | |
|---|---|---|
| 1-year return | -77.1% | +7.9% |
| 5-year return | -99.5% | +36.0% |
| Volatility (ann.) | 112.6% | 22.8% |
| Beta vs S&P 500 | 1.20 | 0.08 |
| Max drawdown (3Y) | -97.6% | -29.6% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | 22.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KSCP | PFX |
|---|---|---|
| 2022 | – | -25.5% |
| 2023 | -68.3% | +36.1% |
| 2024 | -57.9% | +23.3% |
| 2025 | -70.6% | -10.1% |
| 2026 | -62.0% | +19.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KSCP and PFX good diversifiers for each other?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
FAQ
What is the correlation between KSCP and PFX?
The KSCP/PFX correlation stands at -0.19 on a 3-year window (1 year: -0.27, 5 years: -0.07), computed from weekly returns as of 2026-08-27.
Is PFX a good diversifier for KSCP?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
What does a correlation of -0.19 mean?
A reading of -0.19 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/kscp-vs-pfx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/kscp-vs-pfx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KSCP correlations · PFX correlations
