NMRK vs PODD: Correlation
Measured on weekly returns over the past three years, Newmark Group, Inc. (NMRK) and Insulet Corporation (PODD) carry a correlation of 0.42, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NMRK and PODD?
Across a 3-year window, the weekly returns of NMRK and PODD correlate at 0.42, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.21 versus 0.42 over 3 years. Stretching to 5 years gives 0.32, with an annualized covariance of 702.3 %².
Within NMRK's tracked universe of 19 assets, PODD comes in at #12 by 3-year correlation. Correlation aside, the last 12 months split them widely, with NMRK ahead by 43.3 points (-13.8% versus -57.1%).
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.
NMRK vs PODD: side by side
| NMRK (Newmark Group, Inc.) | PODD (Insulet Corporation) | |
|---|---|---|
| 1-year return | -13.8% | -57.1% |
| 5-year return | +23.3% | -51.6% |
| Volatility (ann.) | 43.4% | 38.9% |
| Beta vs S&P 500 | 1.49 | 0.67 |
| Max drawdown (3Y) | -36.6% | -62.2% |
| Market cap | $3.8B | $9.9B |
| P/E (trailing) | 19.7 | 26.9 |
| Dividend yield | 0.95% | 0.00% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | NMRK | PODD |
|---|---|---|
| 2022 | -57.0% | +10.6% |
| 2023 | +39.9% | -26.3% |
| 2024 | +18.1% | +20.3% |
| 2025 | +36.5% | +8.9% |
| 2026 | -9.5% | -49.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NMRK and PODD good diversifiers for each other?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between NMRK and PODD?
As of 2026-08-27, the correlation of weekly returns between NMRK and PODD is 0.42 over 3 years, 0.21 over 1 year and 0.32 over 5 years.
Is PODD a good diversifier for NMRK?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.42 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/nmrk-vs-podd.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/nmrk-vs-podd/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: NMRK correlations · PODD correlations
