ALLE vs BCC: Correlation
Measured on weekly returns over the past three years, Allegion (ALLE) and Boise Cascade, L.L.C. (BCC) carry a correlation of 0.61, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ALLE and BCC?
On 3 years of weekly data the ALLE/BCC correlation comes out at 0.61, strong. Little has changed lately, as the 1-year reading of 0.58 lands near the 3-year figure. The 5-year figure is 0.59, and annualized covariance runs at 540.8 %².
Within ALLE's tracked universe of 33 assets, BCC comes in at #9 by 3-year correlation. Their 12-month results are close: -6.4% for ALLE against -9.5% for BCC.
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.
ALLE vs BCC: side by side
| ALLE (Allegion) | BCC (Boise Cascade, L.L.C.) | |
|---|---|---|
| 1-year return | -6.4% | -9.5% |
| 5-year return | +19.4% | +71.4% |
| Volatility (ann.) | 24.3% | 36.4% |
| Beta vs S&P 500 | 0.60 | 0.99 |
| Max drawdown (3Y) | -29.8% | -56.5% |
| Market cap | $13.6B | $2.7B |
| P/E (trailing) | 21.0 | 27.1 |
| Dividend yield | 1.32% | 1.10% |
| Sector / category | Industrials | US Listed |
Year-by-year returns
| Year | ALLE | BCC |
|---|---|---|
| 2022 | -19.3% | +1.5% |
| 2023 | +22.3% | +106.6% |
| 2024 | +4.7% | -4.0% |
| 2025 | +22.8% | -37.5% |
| 2026 | +1.1% | +7.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ALLE and BCC good diversifiers for each other?
Somewhat, no more. With 0.61 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ALLE and BCC?
As of 2026-08-27, the correlation of weekly returns between ALLE and BCC is 0.61 over 3 years, 0.58 over 1 year and 0.59 over 5 years.
Is BCC a good diversifier for ALLE?
Somewhat, no more. With 0.61 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.61 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/alle-vs-bcc.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/alle-vs-bcc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ALLE correlations · BCC correlations
