PSIG vs VRNS: Correlation
PS International Group Ltd. (PSIG) and Varonis Systems, Inc. (VRNS) show a negative relationship: their 3-year correlation of weekly returns is -0.27.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PSIG and VRNS?
On 3 years of weekly data the PSIG/VRNS correlation comes out at -0.27, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.32) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at -2373.1 %².
By 3-year correlation, VRNS places #42 of the 55 assets tracked against PSIG. Their recent paths diverged sharply: over the last 12 months VRNS outperformed by 30.5 percentage points (-53.9% for PSIG against -23.4% for VRNS). One caveat on sizing: PSIG is 3.1 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
PSIG vs VRNS: side by side
| PSIG (PS International Group Ltd.) | VRNS (Varonis Systems, Inc.) | |
|---|---|---|
| 1-year return | -53.9% | -23.4% |
| 5-year return | n/a | -35.2% |
| Volatility (ann.) | 157.0% | 50.1% |
| Beta vs S&P 500 | 0.97 | 1.01 |
| Max drawdown (3Y) | -96.0% | -68.1% |
| Market cap | – | $5.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PSIG | VRNS |
|---|---|---|
| 2022 | – | -50.9% |
| 2023 | – | +89.1% |
| 2024 | – | -1.9% |
| 2025 | +8.3% | -26.2% |
| 2026 | -62.9% | +36.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PSIG and VRNS good diversifiers for each other?
Yes. With a correlation of -0.27, PSIG and VRNS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between PSIG and VRNS?
Using weekly returns as of 2026-08-27: -0.27 over 3 years, with -0.32 over the last year and n/a over 5 years.
Is VRNS a good diversifier for PSIG?
Yes. With a correlation of -0.27, PSIG and VRNS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.27 mean?
A reading of -0.27 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: PSIG correlations · VRNS correlations
