BILL vs PCOR: Correlation
BILL Holdings, Inc. (BILL) and Procore Technologies, Inc. (PCOR) show a moderate relationship: their 3-year correlation of weekly returns is 0.47.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BILL and PCOR?
On 3 years of weekly data the BILL/PCOR correlation comes out at 0.47, moderate. Little has changed lately, as the 1-year reading of 0.43 lands near the 3-year figure. The 5-year figure is 0.55, and annualized covariance runs at 1255.5 %².
Within BILL's tracked universe of 13 assets, PCOR comes in at #4 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months BILL outperformed by 23.4 percentage points (+17.4% for BILL against -6.0% for PCOR).
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.
BILL vs PCOR: side by side
| BILL (BILL Holdings, Inc.) | PCOR (Procore Technologies, Inc.) | |
|---|---|---|
| 1-year return | +17.4% | -6.0% |
| 5-year return | -82.7% | -32.7% |
| Volatility (ann.) | 57.0% | 46.4% |
| Beta vs S&P 500 | 1.26 | 1.31 |
| Max drawdown (3Y) | -73.0% | -56.6% |
| Market cap | $4.9B | $9.7B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BILL | PCOR |
|---|---|---|
| 2022 | -56.3% | -41.0% |
| 2023 | -25.1% | +46.7% |
| 2024 | +3.8% | +8.2% |
| 2025 | -35.6% | -2.9% |
| 2026 | -10.4% | -12.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BILL and PCOR good diversifiers for each other?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BILL and PCOR?
The BILL/PCOR correlation stands at 0.47 on a 3-year window (1 year: 0.43, 5 years: 0.55), computed from weekly returns as of 2026-08-27.
Is PCOR a good diversifier for BILL?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.47 mean?
On the −1 to +1 scale, 0.47 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/bill-vs-pcor.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bill-vs-pcor/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BILL correlations · PCOR correlations
