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CORT vs PLBC: Correlation

How closely do Corcept Therapeutics Incorporated (CORT) and Plumas Bancorp (PLBC) trade together? Their weekly returns over three years give a correlation of 0.33, which is moderate.

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

Correlation (3Y)
0.33
moderate
Correlation (1Y)
0.36
last 12 months
Correlation (5Y)
0.23
long-run
Ann. covariance
665.7
%² · weekly, annualized

How correlated are CORT and PLBC?

Across a 3-year window, the weekly returns of CORT and PLBC correlate at 0.33, moderate. The relationship has been stable: the 1-year correlation (0.36) sits close to the 3-year figure. Stretching to 5 years gives 0.23, with an annualized covariance of 665.7 %².

PLBC is one of the assets that tracks CORT most closely: it ranks #2 out of the 11 assets we track against CORT. The last year tells two different stories: CORT led by 22.4 percentage points, +67.7% for CORT against +45.3% for PLBC. Risk is not evenly split, since CORT carries 2.1 times the volatility of the other side.

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.

CORT vs PLBC: side by side

CORT (Corcept Therapeutics Incorporated)PLBC (Plumas Bancorp)
1-year return+67.7%+45.3%
5-year return+443.1%+114.6%
Volatility (ann.)65.2%30.5%
Beta vs S&P 5000.530.37
Max drawdown (3Y)-71.9%-26.7%
Market cap$12.6B$0.4B
P/E (trailing)265.812.0
Dividend yield0.00%2.06%
Sector / categoryUS ListedUS Listed
Lower P/E: PLBC 12.0 vs 265.8Higher yield: PLBC 2.06% vs 0.00%Smaller drawdown: PLBC -26.7% vs -71.9%Higher 5y return: CORT +443.1% vs +114.6%
-54%0%+76%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). CORT · PLBC

Year-by-year returns

YearCORTPLBC
2022+2.6%+11.7%
2023+59.9%+14.7%
2024+55.1%+17.5%
2025-30.9%-2.7%
2026+236.0%+39.4%

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

Are CORT and PLBC good diversifiers for each other?

Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.

FAQ

What is the correlation between CORT and PLBC?

Using weekly returns as of 2026-08-27: 0.33 over 3 years, with 0.36 over the last year and 0.23 over 5 years.

Is PLBC a good diversifier for CORT?

Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.

What does a correlation of 0.33 mean?

A reading of 0.33 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/cort-vs-plbc.json

CORT vs PLBC: 3-year weekly correlation 0.33CORT vs PLBC0.33

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Hubs: CORT correlations · PLBC correlations