CMRC vs PRTH: Correlation
How closely do Commerce.com, Inc. - Series 1 (CMRC) and Priority Technology Holdings, Inc. (PRTH) trade together? Their weekly returns over three years give a correlation of 0.44, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CMRC and PRTH?
Over the past 3 years, CMRC and PRTH moved with a correlation of 0.44, which is moderate. Little has changed lately, as the 1-year reading of 0.42 lands near the 3-year figure. Over 5 years the correlation is 0.32, and the annualized covariance of weekly returns is 1649.5 %².
Within CMRC's tracked universe of 16 assets, PRTH comes in at #8 by 3-year correlation. On 12-month performance PRTH holds a 14.7-point edge, -49.8% against -35.1%.
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.
CMRC vs PRTH: side by side
| CMRC (Commerce.com, Inc. - Series 1) | PRTH (Priority Technology Holdings, Inc.) | |
|---|---|---|
| 1-year return | -49.8% | -35.1% |
| 5-year return | -96.1% | -9.8% |
| Volatility (ann.) | 53.5% | 70.7% |
| Beta vs S&P 500 | 1.40 | 1.52 |
| Max drawdown (3Y) | -81.5% | -62.2% |
| Market cap | $0.2B | $0.4B |
| P/E (trailing) | – | 8.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CMRC | PRTH |
|---|---|---|
| 2022 | -75.3% | -25.7% |
| 2023 | +11.3% | -32.3% |
| 2024 | -37.1% | +230.1% |
| 2025 | -32.7% | -53.6% |
| 2026 | -42.5% | -0.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CMRC and PRTH good diversifiers for each other?
Reasonably. At 0.44, CMRC and PRTH keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CMRC and PRTH?
As of 2026-08-27, the correlation of weekly returns between CMRC and PRTH is 0.44 over 3 years, 0.42 over 1 year and 0.32 over 5 years.
Is PRTH a good diversifier for CMRC?
Reasonably. At 0.44, CMRC and PRTH keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.44 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cmrc-vs-prth.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cmrc-vs-prth/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CMRC correlations · PRTH correlations
