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CAMT vs PDFS: Correlation

Camtek Ltd. (CAMT) and PDF Solutions, Inc. (PDFS) show a strong relationship: their 3-year correlation of weekly returns is 0.66.

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

Correlation (3Y)
0.66
strong
Correlation (1Y)
0.72
last 12 months
Correlation (5Y)
0.61
long-run
Ann. covariance
1820.8
%² · weekly, annualized

How correlated are CAMT and PDFS?

On 3 years of weekly data the CAMT/PDFS correlation comes out at 0.66, strong. The relationship has been stable: the 1-year correlation (0.72) sits close to the 3-year figure. The 5-year figure is 0.61, and annualized covariance runs at 1820.8 %².

Among the 10 assets we track against CAMT, PDFS ranks #5 by 3-year correlation. The last year tells two different stories: PDFS led by 67.0 percentage points, +66.6% for CAMT against +133.6% for PDFS.

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.

CAMT vs PDFS: side by side

CAMT (Camtek Ltd.)PDFS (PDF Solutions, Inc.)
1-year return+66.6%+133.6%
5-year return+253.0%+105.9%
Volatility (ann.)57.7%47.4%
Beta vs S&P 5001.951.55
Max drawdown (3Y)-63.2%-58.5%
Market cap$6.8B$1.9B
P/E (trailing)193.1177.5
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Lower P/E: PDFS 177.5 vs 193.1Smaller drawdown: PDFS -58.5% vs -63.2%Higher 5y return: CAMT +253.0% vs +105.9%
-3%0%+228%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. CAMT · PDFS

Year-by-year returns

YearCAMTPDFS
2022-52.3%-10.3%
2023+215.9%+12.7%
2024+18.3%-15.7%
2025+31.7%+5.4%
2026+36.2%+61.8%

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

Are CAMT and PDFS good diversifiers for each other?

To a limited degree. At 0.66 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 CAMT and PDFS?

As of 2026-08-27, the correlation of weekly returns between CAMT and PDFS is 0.66 over 3 years, 0.72 over 1 year and 0.61 over 5 years.

Is PDFS a good diversifier for CAMT?

To a limited degree. At 0.66 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 0.66 mean?

A reading of 0.66 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

Use this data

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

CAMT vs PDFS: 3-year weekly correlation 0.66CAMT vs PDFS0.66

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Related comparisons

Hubs: CAMT correlations · PDFS correlations