CZFS vs HBCP: Correlation
How closely do Citizens Financial Services, Inc. (CZFS) and Home Bancorp, Inc. (HBCP) trade together? Their weekly returns over three years give a correlation of 0.73, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CZFS and HBCP?
On 3 years of weekly data the CZFS/HBCP correlation comes out at 0.73, strong. The link has loosened recently: the 1-year correlation (0.61) runs below the 3-year figure (0.73). The 5-year figure is 0.59, and annualized covariance runs at 900.2 %².
Within CZFS's tracked universe of 14 assets, HBCP comes in at #5 by 3-year correlation. On 12-month performance CZFS holds a 9.9-point edge, +34.8% against +24.9%. Risk is not evenly split, since CZFS carries 1.5 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.
CZFS vs HBCP: side by side
| CZFS (Citizens Financial Services, Inc.) | HBCP (Home Bancorp, Inc.) | |
|---|---|---|
| 1-year return | +34.8% | +24.9% |
| 5-year return | +56.8% | +110.9% |
| Volatility (ann.) | 43.2% | 28.6% |
| Beta vs S&P 500 | 0.95 | 0.82 |
| Max drawdown (3Y) | -38.1% | -21.7% |
| Market cap | $0.4B | $0.5B |
| P/E (trailing) | 9.4 | 11.6 |
| Dividend yield | 2.49% | 1.76% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CZFS | HBCP |
|---|---|---|
| 2022 | +31.2% | -1.2% |
| 2023 | -12.3% | +8.0% |
| 2024 | +2.7% | +12.7% |
| 2025 | -6.9% | +27.9% |
| 2026 | +44.6% | +21.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CZFS and HBCP good diversifiers for each other?
To a limited degree. At 0.73 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 CZFS and HBCP?
As of 2026-08-27, the correlation of weekly returns between CZFS and HBCP is 0.73 over 3 years, 0.61 over 1 year and 0.59 over 5 years.
Is HBCP a good diversifier for CZFS?
To a limited degree. At 0.73 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 0.73 mean?
On the −1 to +1 scale, 0.73 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/czfs-vs-hbcp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/czfs-vs-hbcp/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CZFS correlations · HBCP correlations
