OPTU vs PSIG: Correlation
How closely do Optimum Communications, Inc. (OPTU) and PS International Group Ltd. (PSIG) trade together? Their weekly returns over three years give a correlation of -0.22, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OPTU and PSIG?
On 3 years of weekly data the OPTU/PSIG correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.24) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at -3181.4 %².
Among the 11 assets we track against OPTU, PSIG sits near the bottom by co-movement, at rank #10. Neither side won the trailing year by much: -57.9% against -53.9%. Risk is not evenly split, since PSIG carries 1.7 times the volatility of the other side.
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.
OPTU vs PSIG: side by side
| OPTU (Optimum Communications, Inc.) | PSIG (PS International Group Ltd.) | |
|---|---|---|
| 1-year return | -57.9% | -53.9% |
| 5-year return | -96.3% | n/a |
| Volatility (ann.) | 91.7% | 157.0% |
| Beta vs S&P 500 | 0.14 | 0.97 |
| Max drawdown (3Y) | -82.5% | -96.0% |
| Market cap | $0.4B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | OPTU | PSIG |
|---|---|---|
| 2022 | -71.6% | – |
| 2023 | -29.3% | – |
| 2024 | -25.8% | – |
| 2025 | -31.5% | +8.3% |
| 2026 | -38.2% | -62.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OPTU and PSIG good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between OPTU and PSIG?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.24 over the last year and n/a over 5 years.
Is PSIG a good diversifier for OPTU?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 mean?
A reading of -0.22 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
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Related comparisons
Hubs: OPTU correlations · PSIG correlations
