DCOM vs LMNR: Correlation
How closely do Dime Commercial Bancshares, Inc. (DCOM) and Limoneira Co (LMNR) trade together? Their weekly returns over three years give a correlation of 0.50, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DCOM and LMNR?
Across a 3-year window, the weekly returns of DCOM and LMNR correlate at 0.50, moderate. The link has loosened recently: the 1-year correlation (0.39) runs below the 3-year figure (0.50). Stretching to 5 years gives 0.30, with an annualized covariance of 533.3 %².
By 3-year correlation, LMNR places #10 of the 15 assets tracked against DCOM. The last year tells two different stories: DCOM led by 50.3 percentage points, +36.1% for DCOM against -14.2% for LMNR.
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.
DCOM vs LMNR: side by side
| DCOM (Dime Commercial Bancshares, Inc.) | LMNR (Limoneira Co) | |
|---|---|---|
| 1-year return | +36.1% | -14.2% |
| 5-year return | +46.6% | -8.4% |
| Volatility (ann.) | 33.3% | 32.1% |
| Beta vs S&P 500 | 0.87 | 0.61 |
| Max drawdown (3Y) | -36.0% | -58.1% |
| Market cap | $1.8B | $0.2B |
| P/E (trailing) | 14.6 | – |
| Dividend yield | 2.48% | 1.67% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DCOM | LMNR |
|---|---|---|
| 2022 | -6.8% | -16.7% |
| 2023 | -11.5% | +72.0% |
| 2024 | +19.0% | +20.2% |
| 2025 | +1.4% | -47.3% |
| 2026 | +37.1% | +7.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DCOM and LMNR good diversifiers for each other?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between DCOM and LMNR?
Using weekly returns as of 2026-08-27: 0.50 over 3 years, with 0.39 over the last year and 0.30 over 5 years.
Is LMNR a good diversifier for DCOM?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.50 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/dcom-vs-lmnr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dcom-vs-lmnr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DCOM correlations · LMNR correlations
