BCPC vs GGG: Correlation
Balchem Corporation (BCPC) and Graco Inc. (GGG) show a moderate relationship: their 3-year correlation of weekly returns is 0.58.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BCPC and GGG?
On 3 years of weekly data the BCPC/GGG correlation comes out at 0.58, moderate. The relationship has been stable: the 1-year correlation (0.51) sits close to the 3-year figure. The 5-year figure is 0.62, and annualized covariance runs at 249.0 %².
GGG is one of the assets that tracks BCPC most closely: it ranks #2 out of the 14 assets we track against BCPC. Correlation aside, the last 12 months split them widely, with BCPC ahead by 16.8 points (+9.6% versus -7.2%).
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.
BCPC vs GGG: side by side
| BCPC (Balchem Corporation) | GGG (Graco Inc.) | |
|---|---|---|
| 1-year return | +9.6% | -7.2% |
| 5-year return | +31.0% | +7.7% |
| Volatility (ann.) | 22.7% | 19.0% |
| Beta vs S&P 500 | 0.57 | 0.70 |
| Max drawdown (3Y) | -23.1% | -22.6% |
| Market cap | $5.7B | $12.9B |
| P/E (trailing) | 35.4 | 25.0 |
| Dividend yield | 0.53% | 1.46% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BCPC | GGG |
|---|---|---|
| 2022 | -27.1% | -15.5% |
| 2023 | +22.5% | +30.6% |
| 2024 | +10.2% | -1.7% |
| 2025 | -5.3% | -1.5% |
| 2026 | +16.0% | -1.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BCPC and GGG good diversifiers for each other?
To a limited degree. At 0.58 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between BCPC and GGG?
The BCPC/GGG correlation stands at 0.58 on a 3-year window (1 year: 0.51, 5 years: 0.62), computed from weekly returns as of 2026-08-27.
Is GGG a good diversifier for BCPC?
To a limited degree. At 0.58 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.58 mean?
On the −1 to +1 scale, 0.58 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/bcpc-vs-ggg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bcpc-vs-ggg/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BCPC correlations · GGG correlations
