BBCP vs DOV: Correlation
Concrete Pumping Holdings, Inc. (BBCP) and Dover Corporation (DOV) show a moderate relationship: their 3-year correlation of weekly returns is 0.44.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BBCP and DOV?
Across a 3-year window, the weekly returns of BBCP and DOV correlate at 0.44, moderate. Recent behaviour matches the longer record: 0.37 over 1 year against 0.44 over 3. Stretching to 5 years gives 0.42, with an annualized covariance of 464.5 %².
DOV is one of the assets that tracks BBCP most closely: it ranks #3 out of the 10 assets we track against BBCP. The last year tells two different stories: BBCP led by 20.7 percentage points, +32.3% for BBCP against +11.6% for DOV. One caveat on sizing: BBCP is 2.0 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
BBCP vs DOV: side by side
| BBCP (Concrete Pumping Holdings, Inc.) | DOV (Dover Corporation) | |
|---|---|---|
| 1-year return | +32.3% | +11.6% |
| 5-year return | +27.3% | +21.8% |
| Volatility (ann.) | 45.9% | 22.8% |
| Beta vs S&P 500 | 0.71 | 0.99 |
| Max drawdown (3Y) | -43.2% | -26.6% |
| Market cap | $0.5B | $27.2B |
| P/E (trailing) | 67.4 | 24.8 |
| Dividend yield | 0.00% | 1.02% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | BBCP | DOV |
|---|---|---|
| 2022 | -28.7% | -24.3% |
| 2023 | +40.2% | +15.2% |
| 2024 | -18.8% | +23.3% |
| 2025 | +13.7% | +5.2% |
| 2026 | +40.5% | +3.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BBCP and DOV good diversifiers for each other?
Reasonably. At 0.44, BBCP and DOV keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BBCP and DOV?
As of 2026-08-27, the correlation of weekly returns between BBCP and DOV is 0.44 over 3 years, 0.37 over 1 year and 0.42 over 5 years.
Is DOV a good diversifier for BBCP?
Reasonably. At 0.44, BBCP and DOV keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.44 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/bbcp-vs-dov.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bbcp-vs-dov/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BBCP correlations · DOV correlations
