PNTG vs UHS: Correlation
Measured on weekly returns over the past three years, The Pennant Group, Inc. (PNTG) and Universal Health Services (UHS) carry a correlation of 0.42, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PNTG and UHS?
On 3 years of weekly data the PNTG/UHS correlation comes out at 0.42, moderate. Recent behaviour matches the longer record: 0.32 over 1 year against 0.42 over 3. The 5-year figure is 0.24, and annualized covariance runs at 453.1 %².
Within PNTG's tracked universe of 15 assets, UHS comes in at #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months PNTG outperformed by 59.4 percentage points (+54.4% for PNTG against -5.0% for UHS).
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.
PNTG vs UHS: side by side
| PNTG (The Pennant Group, Inc.) | UHS (Universal Health Services) | |
|---|---|---|
| 1-year return | +54.4% | -5.0% |
| 5-year return | +30.0% | +13.5% |
| Volatility (ann.) | 34.4% | 31.1% |
| Beta vs S&P 500 | 0.71 | 0.60 |
| Max drawdown (3Y) | -40.2% | -42.0% |
| Market cap | $1.3B | $10.2B |
| P/E (trailing) | 42.0 | 7.3 |
| Dividend yield | 0.00% | 0.45% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | PNTG | UHS |
|---|---|---|
| 2022 | -52.4% | +9.4% |
| 2023 | +26.8% | +8.8% |
| 2024 | +90.5% | +18.2% |
| 2025 | +6.1% | +22.0% |
| 2026 | +34.4% | -20.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PNTG and UHS good diversifiers for each other?
Reasonably. At 0.42, PNTG and UHS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between PNTG and UHS?
As of 2026-08-27, the correlation of weekly returns between PNTG and UHS is 0.42 over 3 years, 0.32 over 1 year and 0.24 over 5 years.
Is UHS a good diversifier for PNTG?
Reasonably. At 0.42, PNTG and UHS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.42 mean?
A reading of 0.42 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/pntg-vs-uhs.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/pntg-vs-uhs/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: PNTG correlations · UHS correlations
