PLCE vs UTSI: Correlation
Children's Place, Inc. (The) (PLCE) and UTStarcom Holdings Corp (UTSI) show a moderate relationship: their 3-year correlation of weekly returns is 0.33.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PLCE and UTSI?
Across a 3-year window, the weekly returns of PLCE and UTSI correlate at 0.33, moderate. Lately the two have drifted apart, with the 1-year correlation at -0.14 versus 0.33 over 3 years. Stretching to 5 years gives 0.26, with an annualized covariance of 2587.6 %².
By 3-year correlation, UTSI places #15 of the 21 assets tracked against PLCE. The last year tells two different stories: UTSI led by 39.2 percentage points, -47.1% for PLCE against -7.9% for UTSI. Note the risk asymmetry: PLCE runs 3.3 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.
PLCE vs UTSI: side by side
| PLCE (Children's Place, Inc. (The)) | UTSI (UTStarcom Holdings Corp) | |
|---|---|---|
| 1-year return | -47.1% | -7.9% |
| 5-year return | -97.2% | -54.7% |
| Volatility (ann.) | 159.8% | 48.3% |
| Beta vs S&P 500 | 2.28 | 0.72 |
| Max drawdown (3Y) | -92.3% | -48.1% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PLCE | UTSI |
|---|---|---|
| 2022 | -54.1% | +2.0% |
| 2023 | -36.2% | -3.1% |
| 2024 | -55.0% | -15.7% |
| 2025 | -62.0% | -12.4% |
| 2026 | -38.4% | -7.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PLCE and UTSI 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 PLCE and UTSI?
The PLCE/UTSI correlation stands at 0.33 on a 3-year window (1 year: -0.14, 5 years: 0.26), computed from weekly returns as of 2026-08-27.
Is UTSI a good diversifier for PLCE?
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?
On the −1 to +1 scale, 0.33 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/plce-vs-utsi.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/plce-vs-utsi/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: PLCE correlations · UTSI correlations
