MAN vs NSP: Correlation
How closely do ManpowerGroup (MAN) and Insperity, Inc. (NSP) trade together? Their weekly returns over three years give a correlation of 0.51, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MAN and NSP?
Across a 3-year window, the weekly returns of MAN and NSP correlate at 0.51, moderate. Recent behaviour matches the longer record: 0.51 over 1 year against 0.51 over 3. Stretching to 5 years gives 0.45, with an annualized covariance of 1211.5 %².
Among the 14 assets we track against MAN, NSP ranks #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with MAN ahead by 54.8 points (+56.1% versus +1.3%).
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.
MAN vs NSP: side by side
| MAN (ManpowerGroup) | NSP (Insperity, Inc.) | |
|---|---|---|
| 1-year return | +56.1% | +1.3% |
| 5-year return | -37.6% | -44.3% |
| Volatility (ann.) | 44.3% | 54.1% |
| Beta vs S&P 500 | 0.79 | 0.97 |
| Max drawdown (3Y) | -64.7% | -81.5% |
| Market cap | $2.9B | $2.0B |
| P/E (trailing) | 27.9 | – |
| Dividend yield | 2.32% | 4.62% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MAN | NSP |
|---|---|---|
| 2022 | -11.8% | -1.9% |
| 2023 | -0.6% | +5.2% |
| 2024 | -24.0% | -32.1% |
| 2025 | -46.2% | -47.8% |
| 2026 | +114.1% | +40.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MAN and NSP good diversifiers for each other?
To a limited degree. At 0.51 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between MAN and NSP?
As of 2026-08-27, the correlation of weekly returns between MAN and NSP is 0.51 over 3 years, 0.51 over 1 year and 0.45 over 5 years.
Is NSP a good diversifier for MAN?
To a limited degree. At 0.51 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.51 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/man-vs-nsp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/man-vs-nsp/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: MAN correlations · NSP correlations
