DELL vs PBHC: Correlation
How closely do Dell Technologies (DELL) and Pathfinder Bancorp, Inc. (PBHC) trade together? Their weekly returns over three years give a correlation of -0.17, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DELL and PBHC?
On 3 years of weekly data the DELL/PBHC correlation comes out at -0.17, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.16) sits close to the 3-year figure. The 5-year figure is -0.10, and annualized covariance runs at -290.1 %².
Within DELL's tracked universe of 29 assets, PBHC comes in at #20 by 3-year correlation. Correlation aside, the last 12 months split them widely, with DELL ahead by 248.6 points (+261.0% versus +12.4%). Risk is not evenly split, since DELL carries 2.2 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.
DELL vs PBHC: side by side
| DELL (Dell Technologies) | PBHC (Pathfinder Bancorp, Inc.) | |
|---|---|---|
| 1-year return | +261.0% | +12.4% |
| 5-year return | +945.0% | +13.4% |
| Volatility (ann.) | 61.3% | 27.4% |
| Beta vs S&P 500 | 2.02 | -0.02 |
| Max drawdown (3Y) | -59.6% | -33.6% |
| Market cap | $305.1B | $0.1B |
| P/E (trailing) | 36.9 | 1632.0 |
| Dividend yield | 0.48% | 2.42% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | DELL | PBHC |
|---|---|---|
| 2022 | -26.6% | +13.5% |
| 2023 | +95.9% | -25.1% |
| 2024 | +53.0% | +28.5% |
| 2025 | +11.2% | -17.3% |
| 2026 | +278.6% | +18.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DELL and PBHC good diversifiers for each other?
Yes: at -0.17, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between DELL and PBHC?
As of 2026-08-27, the correlation of weekly returns between DELL and PBHC is -0.17 over 3 years, -0.16 over 1 year and -0.10 over 5 years.
Is PBHC a good diversifier for DELL?
Yes: at -0.17, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.17 mean?
On the −1 to +1 scale, -0.17 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/dell-vs-pbhc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dell-vs-pbhc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DELL correlations · PBHC correlations
