BBCP vs PK: Correlation
Measured on weekly returns over the past three years, Concrete Pumping Holdings, Inc. (BBCP) and Park Hotels & Resorts Inc. (PK) carry a correlation of 0.44, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BBCP and PK?
Across a 3-year window, the weekly returns of BBCP and PK correlate at 0.44, moderate. The past 12 months show a tighter link (0.65) than the 3-year average (0.44). Stretching to 5 years gives 0.39, with an annualized covariance of 647.2 %².
By 3-year correlation, PK places #5 of the 10 assets tracked against BBCP. The trailing year gives PK the advantage: +32.3% versus +43.4%, a 11.1-point spread.
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 PK: side by side
| BBCP (Concrete Pumping Holdings, Inc.) | PK (Park Hotels & Resorts Inc.) | |
|---|---|---|
| 1-year return | +32.3% | +43.4% |
| 5-year return | +27.3% | +21.9% |
| Volatility (ann.) | 45.9% | 31.8% |
| Beta vs S&P 500 | 0.71 | 0.99 |
| Max drawdown (3Y) | -43.2% | -44.8% |
| Market cap | $0.5B | $3.2B |
| P/E (trailing) | 67.4 | – |
| Dividend yield | 0.00% | 6.28% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BBCP | PK |
|---|---|---|
| 2022 | -28.7% | -36.0% |
| 2023 | +40.2% | +49.4% |
| 2024 | -18.8% | +1.0% |
| 2025 | +13.7% | -18.4% |
| 2026 | +40.5% | +56.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BBCP and PK good diversifiers for each other?
Reasonably. At 0.44, BBCP and PK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BBCP and PK?
The BBCP/PK correlation stands at 0.44 on a 3-year window (1 year: 0.65, 5 years: 0.39), computed from weekly returns as of 2026-08-27.
Is PK a good diversifier for BBCP?
Reasonably. At 0.44, BBCP and PK keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.44 mean?
On the −1 to +1 scale, 0.44 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/bbcp-vs-pk.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bbcp-vs-pk/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BBCP correlations · PK correlations
