CRMT vs EVCM: Correlation
How closely do America's Car-Mart, Inc. (CRMT) and EverCommerce Inc. (EVCM) trade together? Their weekly returns over three years give a correlation of 0.45, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CRMT and EVCM?
On 3 years of weekly data the CRMT/EVCM correlation comes out at 0.45, moderate. Recent behaviour matches the longer record: 0.46 over 1 year against 0.45 over 3. The 5-year figure is 0.32, and annualized covariance runs at 1680.0 %².
In CRMT's tracked universe of 13 assets, EVCM sits right near the top at #1. Their recent paths diverged sharply: over the last 12 months EVCM outperformed by 77.0 percentage points (-95.1% for CRMT against -18.1% for EVCM). One caveat on sizing: CRMT is 1.6 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
CRMT vs EVCM: side by side
| CRMT (America's Car-Mart, Inc.) | EVCM (EverCommerce Inc.) | |
|---|---|---|
| 1-year return | -95.1% | -18.1% |
| 5-year return | -98.2% | -55.5% |
| Volatility (ann.) | 78.3% | 47.9% |
| Beta vs S&P 500 | 1.85 | 0.95 |
| Max drawdown (3Y) | -98.2% | -35.0% |
| Market cap | – | $1.7B |
| P/E (trailing) | – | 58.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CRMT | EVCM |
|---|---|---|
| 2022 | -29.4% | -52.8% |
| 2023 | +4.9% | +48.3% |
| 2024 | -32.4% | -0.2% |
| 2025 | -50.7% | +10.0% |
| 2026 | -90.9% | -22.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CRMT and EVCM good diversifiers for each other?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CRMT and EVCM?
The CRMT/EVCM correlation stands at 0.45 on a 3-year window (1 year: 0.46, 5 years: 0.32), computed from weekly returns as of 2026-08-27.
Is EVCM a good diversifier for CRMT?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.45 mean?
A reading of 0.45 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/crmt-vs-evcm.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/crmt-vs-evcm/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CRMT correlations · EVCM correlations
