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OUT vs YOU: Correlation

How closely do OUTFRONT Media Inc. (OUT) and Clear Secure, Inc. (YOU) trade together? Their weekly returns over three years give a correlation of 0.38, which is moderate.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.38
moderate
Correlation (1Y)
0.49
last 12 months
Correlation (5Y)
0.42
long-run
Ann. covariance
766.4
%² · weekly, annualized

How correlated are OUT and YOU?

On 3 years of weekly data the OUT/YOU correlation comes out at 0.38, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.49 versus 0.38 over 3 years. The 5-year figure is 0.42, and annualized covariance runs at 766.4 %².

YOU is close to the least connected end of OUT's tracked universe, ranking #11 of 15. Their recent paths diverged sharply: over the last 12 months OUT outperformed by 43.9 percentage points (+66.8% for OUT against +22.9% for YOU).

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.

OUT vs YOU: side by side

OUT (OUTFRONT Media Inc.)YOU (Clear Secure, Inc.)
1-year return+66.8%+22.9%
5-year return+65.9%+2.4%
Volatility (ann.)37.2%54.0%
Beta vs S&P 5001.220.46
Max drawdown (3Y)-32.0%-42.2%
Market cap$5.3B$6.0B
P/E (trailing)21.929.8
Dividend yield3.92%1.24%
Sector / categoryUS ListedUS Listed
Lower P/E: OUT 21.9 vs 29.8Higher yield: OUT 3.92% vs 1.24%Smaller drawdown: OUT -32.0% vs -42.2%Higher 5y return: OUT +65.9% vs +2.4%
-15%0%+90%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). OUT · YOU

Year-by-year returns

YearOUTYOU
2022-34.4%-11.9%
2023-8.0%-21.4%
2024+40.6%+33.4%
2025+41.5%+35.3%
2026+27.3%+27.1%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are OUT and YOU good diversifiers for each other?

Reasonably. At 0.38, OUT and YOU keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between OUT and YOU?

Using weekly returns as of 2026-08-27: 0.38 over 3 years, with 0.49 over the last year and 0.42 over 5 years.

Is YOU a good diversifier for OUT?

Reasonably. At 0.38, OUT and YOU keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.38 mean?

A reading of 0.38 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/out-vs-you.json

OUT vs YOU: 3-year weekly correlation 0.38OUT vs YOU0.38

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Hubs: OUT correlations · YOU correlations