PM vs SUIG: Correlation
Measured on weekly returns over the past three years, Philip Morris International (PM) and Sui Group Holdings Limited (SUIG) carry a correlation of -0.29, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PM and SUIG?
Across a 3-year window, the weekly returns of PM and SUIG correlate at -0.29, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.12) than the 3-year average (-0.29). Stretching to 5 years gives -0.24, with an annualized covariance of -1071.6 %².
Out of 47 assets tracked against PM, SUIG lands near the bottom at #44. The last year tells two different stories: PM led by 103.6 percentage points, +20.2% for PM against -83.4% for SUIG. Risk is not evenly split, since SUIG carries 7.0 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.
PM vs SUIG: side by side
| PM (Philip Morris International) | SUIG (Sui Group Holdings Limited) | |
|---|---|---|
| 1-year return | +20.2% | -83.4% |
| 5-year return | +133.5% | -88.3% |
| Volatility (ann.) | 23.1% | 162.1% |
| Beta vs S&P 500 | -0.01 | 1.61 |
| Max drawdown (3Y) | -20.6% | -89.2% |
| Market cap | $296.9B | $0.1B |
| P/E (trailing) | 26.7 | – |
| Dividend yield | 3.03% | 0.00% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | PM | SUIG |
|---|---|---|
| 2022 | +12.3% | -75.1% |
| 2023 | -1.9% | +19.5% |
| 2024 | +34.3% | -20.3% |
| 2025 | +38.0% | -14.4% |
| 2026 | +20.8% | -38.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PM and SUIG good diversifiers for each other?
Yes. With a correlation of -0.29, PM and SUIG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between PM and SUIG?
The PM/SUIG correlation stands at -0.29 on a 3-year window (1 year: -0.12, 5 years: -0.24), computed from weekly returns as of 2026-08-27.
Is SUIG a good diversifier for PM?
Yes. With a correlation of -0.29, PM and SUIG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.29 mean?
On the −1 to +1 scale, -0.29 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/pm-vs-suig.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/pm-vs-suig/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: PM correlations · SUIG correlations
