PSKY vs STHO: Correlation
Paramount Skydance Corporation (PSKY) and Star Holdings - Shares of Beneficial Interest (STHO) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PSKY and STHO?
Across a 3-year window, the weekly returns of PSKY and STHO correlate at 0.40, moderate. Little has changed lately, as the 1-year reading of 0.49 lands near the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of 765.2 %².
By 3-year correlation, STHO places #12 of the 32 assets tracked against PSKY. Correlation aside, the last 12 months split them widely, with STHO ahead by 42.6 points (-25.9% versus +16.7%). One caveat on sizing: PSKY is 1.5 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.
PSKY vs STHO: side by side
| PSKY (Paramount Skydance Corporation) | STHO (Star Holdings - Shares of Beneficial Interest) | |
|---|---|---|
| 1-year return | -25.9% | +16.7% |
| 5-year return | -69.8% | n/a |
| Volatility (ann.) | 54.4% | 35.5% |
| Beta vs S&P 500 | 0.92 | 0.88 |
| Max drawdown (3Y) | -59.9% | -59.4% |
| Market cap | $12.1B | $0.1B |
| P/E (trailing) | 360.0 | 8.0 |
| Dividend yield | 1.86% | 0.00% |
| Sector / category | Communication Services | US Listed |
Year-by-year returns
| Year | PSKY | STHO |
|---|---|---|
| 2022 | -41.8% | – |
| 2023 | -10.4% | – |
| 2024 | -28.0% | -35.0% |
| 2025 | +30.0% | -15.4% |
| 2026 | -18.6% | +19.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PSKY and STHO good diversifiers for each other?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between PSKY and STHO?
As of 2026-08-27, the correlation of weekly returns between PSKY and STHO is 0.40 over 3 years, 0.49 over 1 year and n/a over 5 years.
Is STHO a good diversifier for PSKY?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.40 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/psky-vs-stho.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/psky-vs-stho/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: PSKY correlations · STHO correlations
