BCC vs IR: Correlation
How closely do Boise Cascade, L.L.C. (BCC) and Ingersoll Rand (IR) trade together? Their weekly returns over three years give a correlation of 0.67, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BCC and IR?
Over the past 3 years, BCC and IR moved with a correlation of 0.67, which is strong. Recent behaviour matches the longer record: 0.77 over 1 year against 0.67 over 3. Over 5 years the correlation is 0.63, and the annualized covariance of weekly returns is 730.0 %².
By 3-year correlation, IR places #7 of the 24 assets tracked against BCC. Over the last 12 months IR came out ahead by 7.5 percentage points (-9.5% against -2.0%).
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 IR: side by side
| BCC (Boise Cascade, L.L.C.) | IR (Ingersoll Rand) | |
|---|---|---|
| 1-year return | -9.5% | -2.0% |
| 5-year return | +71.4% | +49.2% |
| Volatility (ann.) | 36.4% | 29.8% |
| Beta vs S&P 500 | 0.99 | 1.17 |
| Max drawdown (3Y) | -56.5% | -36.6% |
| Market cap | $2.7B | $30.6B |
| P/E (trailing) | 27.1 | 32.6 |
| Dividend yield | 1.10% | 0.15% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | BCC | IR |
|---|---|---|
| 2022 | +1.5% | -15.4% |
| 2023 | +106.6% | +48.2% |
| 2024 | -4.0% | +17.1% |
| 2025 | -37.5% | -12.3% |
| 2026 | +7.7% | -0.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BCC and IR good diversifiers for each other?
Only partially. A correlation of 0.67 means BCC and IR share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between BCC and IR?
The BCC/IR correlation stands at 0.67 on a 3-year window (1 year: 0.77, 5 years: 0.63), computed from weekly returns as of 2026-08-27.
Is IR a good diversifier for BCC?
Only partially. A correlation of 0.67 means BCC and IR share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.67 mean?
On the −1 to +1 scale, 0.67 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/bcc-vs-ir.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bcc-vs-ir/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BCC correlations · IR correlations
