CULP vs JEF: Correlation
How closely do Culp, Inc. (CULP) and Jefferies Financial Group Inc. (JEF) trade together? Their weekly returns over three years give a correlation of 0.36, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CULP and JEF?
On 3 years of weekly data the CULP/JEF correlation comes out at 0.36, moderate. The relationship has been stable: the 1-year correlation (0.32) sits close to the 3-year figure. The 5-year figure is 0.37, and annualized covariance runs at 560.1 %².
Among the 11 assets we track against CULP, JEF ranks #4 by 3-year correlation. Twelve-month performance is nearly a tie, at -17.9% for CULP and -15.9% for JEF.
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.
CULP vs JEF: side by side
| CULP (Culp, Inc.) | JEF (Jefferies Financial Group Inc.) | |
|---|---|---|
| 1-year return | -17.9% | -15.9% |
| 5-year return | -73.3% | +73.8% |
| Volatility (ann.) | 39.5% | 39.3% |
| Beta vs S&P 500 | 0.60 | 1.57 |
| Max drawdown (3Y) | -58.6% | -54.4% |
| Market cap | – | $10.7B |
| P/E (trailing) | – | 14.8 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CULP | JEF |
|---|---|---|
| 2022 | -50.4% | -8.5% |
| 2023 | +26.1% | +27.7% |
| 2024 | +1.4% | +98.8% |
| 2025 | -39.4% | -18.8% |
| 2026 | -3.8% | -12.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CULP and JEF good diversifiers for each other?
Reasonably. At 0.36, CULP and JEF keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CULP and JEF?
The CULP/JEF correlation stands at 0.36 on a 3-year window (1 year: 0.32, 5 years: 0.37), computed from weekly returns as of 2026-08-27.
Is JEF a good diversifier for CULP?
Reasonably. At 0.36, CULP and JEF keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.36 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/culp-vs-jef.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/culp-vs-jef/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CULP correlations · JEF correlations
