FSEA vs USPH: Correlation
Measured on weekly returns over the past three years, First Seacoast Bancorp, Inc. (FSEA) and U.S. Physical Therapy, Inc. (USPH) carry a correlation of -0.25, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FSEA and USPH?
Across a 3-year window, the weekly returns of FSEA and USPH correlate at -0.25, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.48) than the 3-year average (-0.25). Stretching to 5 years gives -0.14, with an annualized covariance of -275.3 %².
By 3-year correlation, USPH places #26 of the 47 assets tracked against FSEA. Correlation aside, the last 12 months split them widely, with FSEA ahead by 53.0 points (+48.9% versus -4.1%).
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.
FSEA vs USPH: side by side
| FSEA (First Seacoast Bancorp, Inc.) | USPH (U.S. Physical Therapy, Inc.) | |
|---|---|---|
| 1-year return | +48.9% | -4.1% |
| 5-year return | +44.2% | -25.3% |
| Volatility (ann.) | 33.2% | 33.7% |
| Beta vs S&P 500 | 0.19 | 0.84 |
| Max drawdown (3Y) | -21.5% | -45.4% |
| Market cap | $0.1B | $1.2B |
| P/E (trailing) | – | 465.3 |
| Dividend yield | 0.00% | 2.33% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FSEA | USPH |
|---|---|---|
| 2022 | -10.5% | -13.7% |
| 2023 | -32.7% | +17.0% |
| 2024 | +30.6% | -3.0% |
| 2025 | +31.5% | -9.9% |
| 2026 | +29.7% | +3.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FSEA and USPH good diversifiers for each other?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between FSEA and USPH?
As of 2026-08-27, the correlation of weekly returns between FSEA and USPH is -0.25 over 3 years, -0.48 over 1 year and -0.14 over 5 years.
Is USPH a good diversifier for FSEA?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.25 mean?
A reading of -0.25 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/fsea-vs-usph.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fsea-vs-usph/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FSEA correlations · USPH correlations