PairBook
HomeBCC › BCC vs HURC

BCC vs HURC: Correlation

Measured on weekly returns over the past three years, Boise Cascade, L.L.C. (BCC) and Hurco Companies, Inc. (HURC) carry a correlation of 0.42, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.42
moderate
Correlation (1Y)
0.37
last 12 months
Correlation (5Y)
0.36
long-run
Ann. covariance
610.9
%² · weekly, annualized

How correlated are BCC and HURC?

Across a 3-year window, the weekly returns of BCC and HURC correlate at 0.42, moderate. The relationship has been stable: the 1-year correlation (0.37) sits close to the 3-year figure. Stretching to 5 years gives 0.36, with an annualized covariance of 610.9 %².

By 3-year correlation, HURC places #18 of the 24 assets tracked against BCC. Their recent paths diverged sharply: over the last 12 months HURC outperformed by 34.9 percentage points (-9.5% for BCC against +25.4% for HURC).

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.

BCC vs HURC: side by side

BCC (Boise Cascade, L.L.C.)HURC (Hurco Companies, Inc.)
1-year return-9.5%+25.4%
5-year return+71.4%-28.0%
Volatility (ann.)36.4%39.5%
Beta vs S&P 5000.990.89
Max drawdown (3Y)-56.5%-52.0%
Market cap$2.7B$0.1B
P/E (trailing)27.1
Dividend yield1.10%0.00%
Sector / categoryUS ListedUS Listed
Higher yield: BCC 1.10% vs 0.00%Smaller drawdown: HURC -52.0% vs -56.5%Higher 5y return: BCC +71.4% vs -28.0%
-26%0%+30%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. BCC · HURC

Year-by-year returns

YearBCCHURC
2022+1.5%-10.0%
2023+106.6%-15.2%
2024-4.0%-9.7%
2025-37.5%-19.9%
2026+7.7%+45.8%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are BCC and HURC good diversifiers for each other?

Reasonably. At 0.42, BCC and HURC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between BCC and HURC?

As of 2026-08-27, the correlation of weekly returns between BCC and HURC is 0.42 over 3 years, 0.37 over 1 year and 0.36 over 5 years.

Is HURC a good diversifier for BCC?

Reasonably. At 0.42, BCC and HURC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.42 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/bcc-vs-hurc.json

BCC vs HURC: 3-year weekly correlation 0.42BCC vs HURC0.42

Embed this badge (it refreshes with the data), with attribution:

[![BCC vs HURC correlation](https://www.pairbook.io/api/v1/badge/bcc-vs-hurc.svg)](https://www.pairbook.io/pair/bcc-vs-hurc/)

No key needed, free to use. Full endpoint list in the API documentation.

Related comparisons

Hubs: BCC correlations · HURC correlations