PBK vs SEGG: Correlation
How closely do PowerBank Corporation (PBK) and Sports Entertainment Gaming Global Corporation (SEGG) trade together? Their weekly returns over three years give a correlation of 0.33, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PBK and SEGG?
Over the past 3 years, PBK and SEGG moved with a correlation of 0.33, which is moderate. The past 12 months show a weaker link (0.07) than the 3-year average (0.33). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 13662.5 %².
Within PBK's tracked universe of 20 assets, SEGG comes in at #5 by 3-year correlation. The last year tells two different stories: SEGG led by 21.9 percentage points, -78.7% for PBK against -56.8% for SEGG. Note the risk asymmetry: SEGG runs 4.1 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
PBK vs SEGG: side by side
| PBK (PowerBank Corporation) | SEGG (Sports Entertainment Gaming Global Corporation) | |
|---|---|---|
| 1-year return | -78.7% | -56.8% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 96.0% | 389.2% |
| Beta vs S&P 500 | 0.19 | 0.24 |
| Max drawdown (3Y) | -93.7% | -98.9% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PBK | SEGG |
|---|---|---|
| 2024 | – | -82.1% |
| 2025 | -11.7% | -84.9% |
| 2026 | -75.2% | +274.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PBK and SEGG good diversifiers for each other?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between PBK and SEGG?
The PBK/SEGG correlation stands at 0.33 on a 3-year window (1 year: 0.07, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is SEGG a good diversifier for PBK?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.33 mean?
A reading of 0.33 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
$ curl https://www.pairbook.io/api/v1/pairs/pbk-vs-segg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/pbk-vs-segg/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PBK correlations · SEGG correlations
