PACS vs PLTR: Correlation
Measured on weekly returns over the past three years, PACS Group, Inc. (PACS) and Palantir Technologies (PLTR) carry a correlation of -0.19, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PACS and PLTR?
On 3 years of weekly data the PACS/PLTR correlation comes out at -0.19, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.17 over 1 year against -0.19 over 3. The 5-year figure is n/a, and annualized covariance runs at -1647.9 %².
By 3-year correlation, PLTR places #16 of the 35 assets tracked against PACS. The last year tells two different stories: PACS led by 254.4 percentage points, +273.0% for PACS against +18.6% for PLTR. One caveat on sizing: PACS is 1.7 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
PACS vs PLTR: side by side
| PACS (PACS Group, Inc.) | PLTR (Palantir Technologies) | |
|---|---|---|
| 1-year return | +273.0% | +18.6% |
| 5-year return | n/a | +621.8% |
| Volatility (ann.) | 120.5% | 71.3% |
| Beta vs S&P 500 | 0.06 | 2.47 |
| Max drawdown (3Y) | -82.0% | -48.2% |
| Market cap | $7.0B | $446.8B |
| P/E (trailing) | 25.9 | 151.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | PACS | PLTR |
|---|---|---|
| 2022 | – | -64.7% |
| 2023 | – | +167.4% |
| 2024 | – | +340.5% |
| 2025 | +192.8% | +135.0% |
| 2026 | +15.2% | +4.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PACS and PLTR good diversifiers for each other?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
FAQ
What is the correlation between PACS and PLTR?
The PACS/PLTR correlation stands at -0.19 on a 3-year window (1 year: -0.17, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is PLTR a good diversifier for PACS?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
What does a correlation of -0.19 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: PACS correlations · PLTR correlations
