PINS vs WDAY: Correlation
Pinterest, Inc. (PINS) and Workday, Inc. (WDAY) show a moderate relationship: their 3-year correlation of weekly returns is 0.50.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PINS and WDAY?
Over the past 3 years, PINS and WDAY moved with a correlation of 0.50, which is moderate. The relationship has been stable: the 1-year correlation (0.59) sits close to the 3-year figure. Over 5 years the correlation is 0.50, and the annualized covariance of weekly returns is 970.6 %².
Within PINS's tracked universe of 16 assets, WDAY comes in at #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with WDAY ahead by 21.0 points (-36.7% versus -15.7%).
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.
PINS vs WDAY: side by side
| PINS (Pinterest, Inc.) | WDAY (Workday, Inc.) | |
|---|---|---|
| 1-year return | -36.7% | -15.7% |
| 5-year return | -59.5% | -28.7% |
| Volatility (ann.) | 48.1% | 40.0% |
| Beta vs S&P 500 | 1.48 | 1.09 |
| Max drawdown (3Y) | -65.7% | -63.4% |
| Market cap | $13.0B | $47.8B |
| P/E (trailing) | 69.3 | 59.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | PINS | WDAY |
|---|---|---|
| 2022 | -33.2% | -38.7% |
| 2023 | +52.6% | +65.0% |
| 2024 | -21.7% | -6.5% |
| 2025 | -10.7% | -16.8% |
| 2026 | -11.6% | -9.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PINS and WDAY good diversifiers for each other?
To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between PINS and WDAY?
As of 2026-08-27, the correlation of weekly returns between PINS and WDAY is 0.50 over 3 years, 0.59 over 1 year and 0.50 over 5 years.
Is WDAY a good diversifier for PINS?
To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.50 mean?
On the −1 to +1 scale, 0.50 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/pins-vs-wday.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/pins-vs-wday/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PINS correlations · WDAY correlations
