BANF vs PSMT: Correlation
How closely do BancFirst Corporation (BANF) and PriceSmart, Inc. (PSMT) trade together? Their weekly returns over three years give a correlation of 0.45, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BANF and PSMT?
Across a 3-year window, the weekly returns of BANF and PSMT correlate at 0.45, moderate. The relationship has been stable: the 1-year correlation (0.46) sits close to the 3-year figure. Stretching to 5 years gives 0.40, with an annualized covariance of 297.9 %².
Among the 16 assets we track against BANF, PSMT ranks #10 by 3-year correlation. Correlation aside, the last 12 months split them widely, with PSMT ahead by 75.2 points (-16.1% versus +59.1%).
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.
BANF vs PSMT: side by side
| BANF (BancFirst Corporation) | PSMT (PriceSmart, Inc.) | |
|---|---|---|
| 1-year return | -16.1% | +59.1% |
| 5-year return | +116.0% | +116.4% |
| Volatility (ann.) | 28.2% | 23.4% |
| Beta vs S&P 500 | 0.72 | 0.42 |
| Max drawdown (3Y) | -23.6% | -24.0% |
| Market cap | $3.7B | $5.3B |
| P/E (trailing) | 14.9 | 33.8 |
| Dividend yield | 1.75% | 0.76% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BANF | PSMT |
|---|---|---|
| 2022 | +27.1% | -15.9% |
| 2023 | +12.4% | +26.2% |
| 2024 | +22.6% | +25.0% |
| 2025 | -8.0% | +34.8% |
| 2026 | +5.1% | +42.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BANF and PSMT good diversifiers for each other?
Reasonably. At 0.45, BANF and PSMT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BANF and PSMT?
Using weekly returns as of 2026-08-27: 0.45 over 3 years, with 0.46 over the last year and 0.40 over 5 years.
Is PSMT a good diversifier for BANF?
Reasonably. At 0.45, BANF and PSMT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.45 mean?
On the −1 to +1 scale, 0.45 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/banf-vs-psmt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/banf-vs-psmt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BANF correlations · PSMT correlations
