BHRB vs PLBC: Correlation
How closely do Burke & Herbert Financial Services Corp. (BHRB) and Plumas Bancorp (PLBC) trade together? Their weekly returns over three years give a correlation of 0.68, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BHRB and PLBC?
Across a 3-year window, the weekly returns of BHRB and PLBC correlate at 0.68, strong. The relationship has been stable: the 1-year correlation (0.63) sits close to the 3-year figure. Stretching to 5 years gives 0.44, with an annualized covariance of 657.3 %².
Among the 16 assets we track against BHRB, PLBC ranks #6 by 3-year correlation. The last year tells two different stories: PLBC led by 29.3 percentage points, +16.0% for BHRB against +45.3% for PLBC.
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.
BHRB vs PLBC: side by side
| BHRB (Burke & Herbert Financial Services Corp.) | PLBC (Plumas Bancorp) | |
|---|---|---|
| 1-year return | +16.0% | +45.3% |
| 5-year return | +57.3% | +114.6% |
| Volatility (ann.) | 31.8% | 30.5% |
| Beta vs S&P 500 | 0.74 | 0.37 |
| Max drawdown (3Y) | -30.8% | -26.7% |
| Market cap | $1.4B | $0.4B |
| P/E (trailing) | 11.7 | 12.0 |
| Dividend yield | 3.07% | 2.06% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BHRB | PLBC |
|---|---|---|
| 2022 | +33.3% | +11.7% |
| 2023 | -7.8% | +14.7% |
| 2024 | +2.9% | +17.5% |
| 2025 | +3.6% | -2.7% |
| 2026 | +17.8% | +39.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BHRB and PLBC good diversifiers for each other?
To a limited degree. At 0.68 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 BHRB and PLBC?
As of 2026-08-27, the correlation of weekly returns between BHRB and PLBC is 0.68 over 3 years, 0.63 over 1 year and 0.44 over 5 years.
Is PLBC a good diversifier for BHRB?
To a limited degree. At 0.68 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 0.68 mean?
On the −1 to +1 scale, 0.68 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/bhrb-vs-plbc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bhrb-vs-plbc/)
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Hubs: BHRB correlations · PLBC correlations
