CASH vs LARK: Correlation
Measured on weekly returns over the past three years, Pathward Financial, Inc. (CASH) and Landmark Bancorp Inc. (LARK) carry a correlation of 0.44, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CASH and LARK?
Over the past 3 years, CASH and LARK moved with a correlation of 0.44, which is moderate. The relationship has been stable: the 1-year correlation (0.47) sits close to the 3-year figure. Over 5 years the correlation is 0.34, and the annualized covariance of weekly returns is 337.4 %².
By 3-year correlation, LARK places #7 of the 12 assets tracked against CASH. Their recent paths diverged sharply: over the last 12 months LARK outperformed by 26.1 percentage points (+2.1% for CASH against +28.2% for LARK).
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.
CASH vs LARK: side by side
| CASH (Pathward Financial, Inc.) | LARK (Landmark Bancorp Inc.) | |
|---|---|---|
| 1-year return | +2.1% | +28.2% |
| 5-year return | +71.2% | +66.0% |
| Volatility (ann.) | 29.4% | 26.0% |
| Beta vs S&P 500 | 0.84 | 0.35 |
| Max drawdown (3Y) | -22.2% | -20.7% |
| Market cap | $1.7B | $0.2B |
| P/E (trailing) | 10.3 | 9.8 |
| Dividend yield | 0.24% | 2.57% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CASH | LARK |
|---|---|---|
| 2022 | -27.5% | -18.5% |
| 2023 | +23.4% | -4.2% |
| 2024 | +39.5% | +32.6% |
| 2025 | -3.2% | +18.2% |
| 2026 | +15.0% | +23.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CASH and LARK good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CASH and LARK?
Using weekly returns as of 2026-08-27: 0.44 over 3 years, with 0.47 over the last year and 0.34 over 5 years.
Is LARK a good diversifier for CASH?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.44 mean?
A reading of 0.44 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
$ curl https://www.pairbook.io/api/v1/pairs/cash-vs-lark.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cash-vs-lark/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CASH correlations · LARK correlations
