PLTK vs YJ: Correlation
Measured on weekly returns over the past three years, Playtika Holding Corp. (PLTK) and Yunji Inc. - American Depository Shares (YJ) carry a correlation of -0.23, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PLTK and YJ?
Over the past 3 years, PLTK and YJ moved with a correlation of -0.23, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.36) than the 3-year average (-0.23). Over 5 years the correlation is -0.13, and the annualized covariance of weekly returns is -1632.4 %².
YJ is close to the least connected end of PLTK's tracked universe, ranking #8 of 10. Their recent paths diverged sharply: over the last 12 months YJ outperformed by 118.0 percentage points (-34.7% for PLTK against +83.3% for YJ). Risk is not evenly split, since YJ carries 2.8 times the volatility of the other side.
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.
PLTK vs YJ: side by side
| PLTK (Playtika Holding Corp.) | YJ (Yunji Inc. - American Depository Shares) | |
|---|---|---|
| 1-year return | -34.7% | +83.3% |
| 5-year return | -89.9% | -89.8% |
| Volatility (ann.) | 50.5% | 139.4% |
| Beta vs S&P 500 | 1.02 | 0.56 |
| Max drawdown (3Y) | -75.1% | -73.6% |
| Market cap | $0.9B | – |
| P/E (trailing) | – | 1.5 |
| Dividend yield | 8.30% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PLTK | YJ |
|---|---|---|
| 2022 | -50.8% | +30.7% |
| 2023 | +2.5% | -91.3% |
| 2024 | -16.1% | -43.4% |
| 2025 | -37.2% | -26.7% |
| 2026 | -41.8% | +170.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PLTK and YJ good diversifiers for each other?
Yes. With a correlation of -0.23, PLTK and YJ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between PLTK and YJ?
The PLTK/YJ correlation stands at -0.23 on a 3-year window (1 year: -0.36, 5 years: -0.13), computed from weekly returns as of 2026-08-27.
Is YJ a good diversifier for PLTK?
Yes. With a correlation of -0.23, PLTK and YJ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.23 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/pltk-vs-yj.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/pltk-vs-yj/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: PLTK correlations · YJ correlations
