NPKI vs WYY: Correlation
NPK International Inc. (NPKI) and WidePoint Corporation (WYY) show a moderate relationship: their 3-year correlation of weekly returns is 0.36.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NPKI and WYY?
Over the past 3 years, NPKI and WYY moved with a correlation of 0.36, which is moderate. The link has loosened recently: the 1-year correlation (0.17) runs below the 3-year figure (0.36). Over 5 years the correlation is 0.32, and the annualized covariance of weekly returns is 1187.2 %².
By 3-year correlation, WYY places #10 of the 15 assets tracked against NPKI. The last year tells two different stories: WYY led by 85.5 percentage points, +31.6% for NPKI against +117.1% for WYY. Note the risk asymmetry: WYY runs 2.0 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.
NPKI vs WYY: side by side
| NPKI (NPK International Inc.) | WYY (WidePoint Corporation) | |
|---|---|---|
| 1-year return | +31.6% | +117.1% |
| 5-year return | +429.3% | +85.8% |
| Volatility (ann.) | 41.0% | 81.3% |
| Beta vs S&P 500 | 0.88 | 1.48 |
| Max drawdown (3Y) | -42.1% | -57.0% |
| Market cap | $1.2B | $0.1B |
| P/E (trailing) | 28.8 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NPKI | WYY |
|---|---|---|
| 2022 | +41.2% | -53.7% |
| 2023 | +60.0% | +27.5% |
| 2024 | +15.5% | +108.6% |
| 2025 | +55.4% | +11.0% |
| 2026 | +13.7% | +89.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NPKI and WYY good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between NPKI and WYY?
As of 2026-08-27, the correlation of weekly returns between NPKI and WYY is 0.36 over 3 years, 0.17 over 1 year and 0.32 over 5 years.
Is WYY a good diversifier for NPKI?
Yes, to a useful degree: a correlation of 0.36 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.36 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/npki-vs-wyy.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/npki-vs-wyy/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: NPKI correlations · WYY correlations
