DERM vs PLBC: Correlation
Journey Medical Corporation (DERM) and Plumas Bancorp (PLBC) show a weak relationship: their 3-year correlation of weekly returns is 0.29.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DERM and PLBC?
Over the past 3 years, DERM and PLBC moved with a correlation of 0.29, which is weak. The past 12 months show a weaker link (0.12) than the 3-year average (0.29). Over 5 years the correlation is 0.20, and the annualized covariance of weekly returns is 632.0 %².
In DERM's tracked universe of 15 assets, PLBC sits right near the top at #3. The last year tells two different stories: PLBC led by 44.6 percentage points, +0.7% for DERM against +45.3% for PLBC. One caveat on sizing: DERM is 2.4 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.
DERM vs PLBC: side by side
| DERM (Journey Medical Corporation) | PLBC (Plumas Bancorp) | |
|---|---|---|
| 1-year return | +0.7% | +45.3% |
| 5-year return | -23.9% | +114.6% |
| Volatility (ann.) | 71.7% | 30.5% |
| Beta vs S&P 500 | 0.46 | 0.37 |
| Max drawdown (3Y) | -63.3% | -26.7% |
| Market cap | $0.2B | $0.4B |
| P/E (trailing) | – | 12.0 |
| Dividend yield | 0.00% | 2.06% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DERM | PLBC |
|---|---|---|
| 2022 | -64.3% | +11.7% |
| 2023 | +200.0% | +14.7% |
| 2024 | -32.1% | +17.5% |
| 2025 | +97.2% | -2.7% |
| 2026 | -2.3% | +39.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DERM and PLBC good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.29 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DERM and PLBC?
The DERM/PLBC correlation stands at 0.29 on a 3-year window (1 year: 0.12, 5 years: 0.20), computed from weekly returns as of 2026-08-27.
Is PLBC a good diversifier for DERM?
Yes, to a useful degree: a correlation of 0.29 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.29 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/derm-vs-plbc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/derm-vs-plbc/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DERM correlations · PLBC correlations
