SID vs YYGH: Correlation
How closely do Companhia Siderurgica Nacional S.A. (SID) and YY Group Holding Limited - Class A (YYGH) trade together? Their weekly returns over three years give a correlation of 0.34, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SID and YYGH?
Over the past 3 years, SID and YYGH moved with a correlation of 0.34, which is moderate. Little has changed lately, as the 1-year reading of 0.34 lands near the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 2501.0 %².
Out of 14 assets tracked against SID, YYGH lands near the bottom at #10. Their recent paths diverged sharply: over the last 12 months SID outperformed by 76.2 percentage points (-23.7% for SID against -99.9% for YYGH). Risk is not evenly split, since YYGH carries 3.0 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.
SID vs YYGH: side by side
| SID (Companhia Siderurgica Nacional S.A.) | YYGH (YY Group Holding Limited - Class A) | |
|---|---|---|
| 1-year return | -23.7% | -99.9% |
| 5-year return | -77.7% | n/a |
| Volatility (ann.) | 49.3% | 147.2% |
| Beta vs S&P 500 | 1.22 | 2.16 |
| Max drawdown (3Y) | -76.0% | -100.0% |
| Market cap | $1.4B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SID | YYGH |
|---|---|---|
| 2022 | -29.7% | – |
| 2023 | +69.2% | – |
| 2024 | -59.6% | – |
| 2025 | +11.1% | -89.3% |
| 2026 | -33.8% | -99.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SID and YYGH good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between SID and YYGH?
The SID/YYGH correlation stands at 0.34 on a 3-year window (1 year: 0.34, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is YYGH a good diversifier for SID?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.34 mean?
A reading of 0.34 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/sid-vs-yygh.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/sid-vs-yygh/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: SID correlations · YYGH correlations
