OUT vs YUM: Correlation
Measured on weekly returns over the past three years, OUTFRONT Media Inc. (OUT) and Yum! Brands (YUM) 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 OUT and YUM?
Over the past 3 years, OUT and YUM moved with a correlation of 0.42, which is moderate. Recent behaviour matches the longer record: 0.48 over 1 year against 0.42 over 3. Over 5 years the correlation is 0.44, and the annualized covariance of weekly returns is 334.7 %².
Within OUT's tracked universe of 15 assets, YUM comes in at #9 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months OUT outperformed by 61.1 percentage points (+66.8% for OUT against +5.7% for YUM). Risk is not evenly split, since OUT 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.
OUT vs YUM: side by side
| OUT (OUTFRONT Media Inc.) | YUM (Yum! Brands) | |
|---|---|---|
| 1-year return | +66.8% | +5.7% |
| 5-year return | +65.9% | +26.2% |
| Volatility (ann.) | 37.2% | 21.3% |
| Beta vs S&P 500 | 1.22 | 0.34 |
| Max drawdown (3Y) | -32.0% | -14.5% |
| Market cap | $5.3B | $41.1B |
| P/E (trailing) | 21.9 | 19.0 |
| Dividend yield | 3.92% | 0.95% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | OUT | YUM |
|---|---|---|
| 2022 | -34.4% | -6.0% |
| 2023 | -8.0% | +3.9% |
| 2024 | +40.6% | +4.7% |
| 2025 | +41.5% | +14.9% |
| 2026 | +27.3% | +0.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OUT and YUM good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between OUT and YUM?
Using weekly returns as of 2026-08-27: 0.42 over 3 years, with 0.48 over the last year and 0.44 over 5 years.
Is YUM a good diversifier for OUT?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
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/out-vs-yum.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/out-vs-yum/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: OUT correlations · YUM correlations
