CRM vs PTC: Correlation
How closely do Salesforce (CRM) and PTC Inc. (PTC) trade together? Their weekly returns over three years give a correlation of 0.57, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRM and PTC?
Over the past 3 years, CRM and PTC moved with a correlation of 0.57, which is moderate. Recent behaviour matches the longer record: 0.61 over 1 year against 0.57 over 3. Over 5 years the correlation is 0.54, and the annualized covariance of weekly returns is 617.9 %².
Within CRM's tracked universe of 68 assets, PTC comes in at #28 by 3-year correlation. Correlation aside, the last 12 months split them widely, with CRM ahead by 28.2 points (+1.6% versus -26.6%). On a rolling one-year basis the correlation drifted between 0.40 and 0.67, a moderate band.
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 PTC: side by side
| CRM (Salesforce) | PTC (PTC Inc.) | |
|---|---|---|
| 1-year return | +1.6% | -26.6% |
| 5-year return | -3.2% | +20.0% |
| Volatility (ann.) | 37.6% | 28.8% |
| Beta vs S&P 500 | 1.21 | 1.02 |
| Max drawdown (3Y) | -58.7% | -48.1% |
| Market cap | $207.4B | $17.2B |
| P/E (trailing) | 18.8 | 14.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | Information Technology |
Year-by-year returns
| Year | CRM | PTC |
|---|---|---|
| 2022 | -47.8% | -0.9% |
| 2023 | +98.5% | +45.8% |
| 2024 | +27.8% | +5.1% |
| 2025 | -20.2% | -5.3% |
| 2026 | -4.4% | -8.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRM and PTC good diversifiers for each other?
To a limited degree. At 0.57 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between CRM and PTC?
Using weekly returns as of 2026-08-27: 0.57 over 3 years, with 0.61 over the last year and 0.54 over 5 years.
Is PTC a good diversifier for CRM?
To a limited degree. At 0.57 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.57 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/crm-vs-ptc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/crm-vs-ptc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CRM correlations · PTC correlations
