BATL vs PFSI: Correlation
Battalion Oil Corporation (BATL) and PennyMac Financial Services, Inc. (PFSI) show a negative relationship: their 3-year correlation of weekly returns is -0.30.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BATL and PFSI?
Across a 3-year window, the weekly returns of BATL and PFSI correlate at -0.30, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.46 versus -0.30 over 3 years. Stretching to 5 years gives -0.18, with an annualized covariance of -2613.4 %².
Out of 44 assets tracked against BATL, PFSI lands near the bottom at #41. The last year tells two different stories: BATL led by 44.0 percentage points, +12.7% for BATL against -31.3% for PFSI. Risk is not evenly split, since BATL carries 7.2 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.
BATL vs PFSI: side by side
| BATL (Battalion Oil Corporation) | PFSI (PennyMac Financial Services, Inc.) | |
|---|---|---|
| 1-year return | +12.7% | -31.3% |
| 5-year return | -87.1% | +17.5% |
| Volatility (ann.) | 252.0% | 34.9% |
| Beta vs S&P 500 | -0.19 | 0.57 |
| Max drawdown (3Y) | -95.8% | -53.8% |
| Market cap | $0.1B | $3.8B |
| P/E (trailing) | – | 10.0 |
| Dividend yield | 0.00% | 1.65% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BATL | PFSI |
|---|---|---|
| 2022 | -0.9% | -17.6% |
| 2023 | -1.0% | +57.8% |
| 2024 | -82.1% | +16.8% |
| 2025 | -34.3% | +30.5% |
| 2026 | +17.7% | -43.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BATL and PFSI good diversifiers for each other?
By historical standards, yes. A correlation of -0.30 means the two rarely move for the same reasons.
FAQ
What is the correlation between BATL and PFSI?
The BATL/PFSI correlation stands at -0.30 on a 3-year window (1 year: -0.46, 5 years: -0.18), computed from weekly returns as of 2026-08-27.
Is PFSI a good diversifier for BATL?
By historical standards, yes. A correlation of -0.30 means the two rarely move for the same reasons.
What does a correlation of -0.30 mean?
On the −1 to +1 scale, -0.30 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/batl-vs-pfsi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/batl-vs-pfsi/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BATL correlations · PFSI correlations
