SIFY vs SRRK: Correlation
Sify Technologies Limited - American Depository Shares (SIFY) and Scholar Rock Holding Corporation (SRRK) show a moderate relationship: their 3-year correlation of weekly returns is 0.39.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SIFY and SRRK?
Across a 3-year window, the weekly returns of SIFY and SRRK correlate at 0.39, moderate. The past 12 months show a weaker link (0.29) than the 3-year average (0.39). Stretching to 5 years gives 0.34, with an annualized covariance of 5068.6 %².
SRRK is one of the assets that tracks SIFY most closely: it ranks #2 out of the 10 assets we track against SIFY. The last year tells two different stories: SRRK led by 17.0 percentage points, +54.9% for SIFY against +71.9% for SRRK. Note the risk asymmetry: SRRK runs 2.1 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
SIFY vs SRRK: side by side
| SIFY (Sify Technologies Limited - American Depository Shares) | SRRK (Scholar Rock Holding Corporation) | |
|---|---|---|
| 1-year return | +54.9% | +71.9% |
| 5-year return | -31.9% | +54.0% |
| Volatility (ann.) | 78.4% | 164.2% |
| Beta vs S&P 500 | 0.48 | 1.48 |
| Max drawdown (3Y) | -85.6% | -65.2% |
| Market cap | $1.1B | $7.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SIFY | SRRK |
|---|---|---|
| 2022 | -64.4% | -63.6% |
| 2023 | +62.6% | +107.7% |
| 2024 | -74.5% | +129.9% |
| 2025 | +326.2% | +1.9% |
| 2026 | +21.3% | +34.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SIFY and SRRK good diversifiers for each other?
Reasonably. At 0.39, SIFY and SRRK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between SIFY and SRRK?
Using weekly returns as of 2026-08-27: 0.39 over 3 years, with 0.29 over the last year and 0.34 over 5 years.
Is SRRK a good diversifier for SIFY?
Reasonably. At 0.39, SIFY and SRRK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.39 mean?
A reading of 0.39 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/sify-vs-srrk.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/sify-vs-srrk/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: SIFY correlations · SRRK correlations
