PLAY vs SIG: Correlation
Measured on weekly returns over the past three years, Dave & Buster's Entertainment, Inc. (PLAY) and Signet Jewelers Limited (SIG) carry a correlation of 0.48, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PLAY and SIG?
On 3 years of weekly data the PLAY/SIG correlation comes out at 0.48, moderate. Little has changed lately, as the 1-year reading of 0.45 lands near the 3-year figure. The 5-year figure is 0.43, and annualized covariance runs at 1473.6 %².
Within PLAY's tracked universe of 14 assets, SIG comes in at #5 by 3-year correlation. The last year tells two different stories: SIG led by 52.2 percentage points, -63.9% for PLAY against -11.7% for SIG.
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.
PLAY vs SIG: side by side
| PLAY (Dave & Buster's Entertainment, Inc.) | SIG (Signet Jewelers Limited) | |
|---|---|---|
| 1-year return | -63.9% | -11.7% |
| 5-year return | -74.8% | +8.4% |
| Volatility (ann.) | 63.8% | 47.9% |
| Beta vs S&P 500 | 1.25 | 1.19 |
| Max drawdown (3Y) | -86.6% | -57.1% |
| Market cap | $0.3B | – |
| P/E (trailing) | – | 11.6 |
| Dividend yield | 0.00% | 1.56% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PLAY | SIG |
|---|---|---|
| 2022 | -7.7% | -21.0% |
| 2023 | +51.9% | +59.6% |
| 2024 | -45.8% | -23.8% |
| 2025 | -44.5% | +4.1% |
| 2026 | -43.4% | -0.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PLAY and SIG good diversifiers for each other?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between PLAY and SIG?
The PLAY/SIG correlation stands at 0.48 on a 3-year window (1 year: 0.45, 5 years: 0.43), computed from weekly returns as of 2026-08-27.
Is SIG a good diversifier for PLAY?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.48 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/play-vs-sig.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/play-vs-sig/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: PLAY correlations · SIG correlations
