CATO vs PRFX: Correlation
Cato Corporation (The) (CATO) and PRF Technologies Ltd. (PRFX) show a negative relationship: their 3-year correlation of weekly returns is -0.28.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CATO and PRFX?
On 3 years of weekly data the CATO/PRFX correlation comes out at -0.28, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.21) runs above the 3-year figure (-0.28). The 5-year figure is -0.26, and annualized covariance runs at -4655.3 %².
Among the 12 assets we track against CATO, PRFX sits near the bottom by co-movement, at rank #9. Correlation aside, the last 12 months split them widely, with CATO ahead by 55.9 points (-31.8% versus -87.7%). Note the risk asymmetry: PRFX runs 5.2 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
CATO vs PRFX: side by side
| CATO (Cato Corporation (The)) | PRFX (PRF Technologies Ltd.) | |
|---|---|---|
| 1-year return | -31.8% | -87.7% |
| 5-year return | -80.5% | -99.9% |
| Volatility (ann.) | 56.2% | 291.2% |
| Beta vs S&P 500 | 0.62 | 2.46 |
| Max drawdown (3Y) | -69.4% | -99.3% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CATO | PRFX |
|---|---|---|
| 2022 | -42.2% | -68.9% |
| 2023 | -16.5% | -33.4% |
| 2024 | -39.8% | -79.7% |
| 2025 | -20.8% | -80.9% |
| 2026 | -13.9% | -69.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CATO and PRFX good diversifiers for each other?
Yes. With a correlation of -0.28, CATO and PRFX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CATO and PRFX?
The CATO/PRFX correlation stands at -0.28 on a 3-year window (1 year: 0.21, 5 years: -0.26), computed from weekly returns as of 2026-08-27.
Is PRFX a good diversifier for CATO?
Yes. With a correlation of -0.28, CATO and PRFX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.28 mean?
A reading of -0.28 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/cato-vs-prfx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cato-vs-prfx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CATO correlations · PRFX correlations
