CRM vs PCOR: Correlation
Measured on weekly returns over the past three years, Salesforce (CRM) and Procore Technologies, Inc. (PCOR) carry a correlation of 0.64, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRM and PCOR?
Over the past 3 years, CRM and PCOR moved with a correlation of 0.64, which is strong. Recent behaviour matches the longer record: 0.71 over 1 year against 0.64 over 3. Over 5 years the correlation is 0.63, and the annualized covariance of weekly returns is 1124.9 %².
Within CRM's tracked universe of 68 assets, PCOR comes in at #8 by 3-year correlation. Over the last 12 months CRM came out ahead by 7.6 percentage points (+1.6% against -6.0%).
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.
CRM vs PCOR: side by side
| CRM (Salesforce) | PCOR (Procore Technologies, Inc.) | |
|---|---|---|
| 1-year return | +1.6% | -6.0% |
| 5-year return | -3.2% | -32.7% |
| Volatility (ann.) | 37.6% | 46.4% |
| Beta vs S&P 500 | 1.21 | 1.31 |
| Max drawdown (3Y) | -58.7% | -56.6% |
| Market cap | $207.4B | $9.7B |
| P/E (trailing) | 18.8 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | CRM | PCOR |
|---|---|---|
| 2022 | -47.8% | -41.0% |
| 2023 | +98.5% | +46.7% |
| 2024 | +27.8% | +8.2% |
| 2025 | -20.2% | -2.9% |
| 2026 | -4.4% | -12.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRM and PCOR good diversifiers for each other?
Somewhat, no more. With 0.64 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between CRM and PCOR?
As of 2026-08-27, the correlation of weekly returns between CRM and PCOR is 0.64 over 3 years, 0.71 over 1 year and 0.63 over 5 years.
Is PCOR a good diversifier for CRM?
Somewhat, no more. With 0.64 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.64 mean?
On the −1 to +1 scale, 0.64 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/crm-vs-pcor.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/crm-vs-pcor/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CRM correlations · PCOR correlations
