SIF vs VAL: Correlation
Measured on weekly returns over the past three years, SIFCO Industries, Inc. (SIF) and Valaris Limited (VAL) carry a correlation of 0.39, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SIF and VAL?
Over the past 3 years, SIF and VAL moved with a correlation of 0.39, which is moderate. The link has tightened recently: the 1-year correlation (0.56) runs above the 3-year figure (0.39). Over 5 years the correlation is 0.29, and the annualized covariance of weekly returns is 1598.5 %².
Within SIF's tracked universe of 10 assets, VAL comes in at #4 by 3-year correlation. The last year tells two different stories: SIF led by 158.9 percentage points, +232.2% for SIF against +73.3% for VAL.
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.
SIF vs VAL: side by side
| SIF (SIFCO Industries, Inc.) | VAL (Valaris Limited) | |
|---|---|---|
| 1-year return | +232.2% | +73.3% |
| 5-year return | +174.7% | +200.2% |
| Volatility (ann.) | 76.9% | 52.9% |
| Beta vs S&P 500 | 0.80 | 0.77 |
| Max drawdown (3Y) | -57.3% | -63.8% |
| Market cap | – | $5.9B |
| P/E (trailing) | 35.5 | 6.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SIF | VAL |
|---|---|---|
| 2022 | -66.8% | +87.8% |
| 2023 | +110.2% | +1.4% |
| 2024 | -21.8% | -35.5% |
| 2025 | +57.2% | +13.9% |
| 2026 | +300.7% | +69.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SIF and VAL good diversifiers for each other?
Reasonably. At 0.39, SIF and VAL keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between SIF and VAL?
Using weekly returns as of 2026-08-27: 0.39 over 3 years, with 0.56 over the last year and 0.29 over 5 years.
Is VAL a good diversifier for SIF?
Reasonably. At 0.39, SIF and VAL keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.39 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/sif-vs-val.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/sif-vs-val/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: SIF correlations · VAL correlations
