NSP vs SMPL: Correlation
Measured on weekly returns over the past three years, Insperity, Inc. (NSP) and The Simply Good Foods Company (SMPL) carry a correlation of 0.34, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NSP and SMPL?
Over the past 3 years, NSP and SMPL moved with a correlation of 0.34, which is moderate. Little has changed lately, as the 1-year reading of 0.42 lands near the 3-year figure. Over 5 years the correlation is 0.31, and the annualized covariance of weekly returns is 693.4 %².
Among the 13 assets we track against NSP, SMPL ranks #7 by 3-year correlation. The last year tells two different stories: NSP led by 66.2 percentage points, +1.3% for NSP against -64.9% for SMPL.
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.
NSP vs SMPL: side by side
| NSP (Insperity, Inc.) | SMPL (The Simply Good Foods Company) | |
|---|---|---|
| 1-year return | +1.3% | -64.9% |
| 5-year return | -44.3% | -71.3% |
| Volatility (ann.) | 54.1% | 37.3% |
| Beta vs S&P 500 | 0.97 | 0.38 |
| Max drawdown (3Y) | -81.5% | -76.2% |
| Market cap | $2.0B | $0.9B |
| P/E (trailing) | – | – |
| Dividend yield | 4.62% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NSP | SMPL |
|---|---|---|
| 2022 | -1.9% | -8.5% |
| 2023 | +5.2% | +4.1% |
| 2024 | -32.1% | -1.6% |
| 2025 | -47.8% | -48.5% |
| 2026 | +40.1% | -49.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NSP and SMPL good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between NSP and SMPL?
The NSP/SMPL correlation stands at 0.34 on a 3-year window (1 year: 0.42, 5 years: 0.31), computed from weekly returns as of 2026-08-27.
Is SMPL a good diversifier for NSP?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.34 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.
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Related comparisons
Hubs: NSP correlations · SMPL correlations
