FVCB vs PKBK: Correlation
How closely do FVCBankcorp, Inc. (FVCB) and Parke Bancorp, Inc. (PKBK) trade together? Their weekly returns over three years give a correlation of 0.70, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FVCB and PKBK?
Across a 3-year window, the weekly returns of FVCB and PKBK correlate at 0.70, strong. Lately the two have moved closer together, with the 1-year correlation at 0.84 versus 0.70 over 3 years. Stretching to 5 years gives 0.66, with an annualized covariance of 673.8 %².
By 3-year correlation, PKBK places #5 of the 14 assets tracked against FVCB. Their recent paths diverged sharply: over the last 12 months PKBK outperformed by 15.5 percentage points (+36.6% for FVCB against +52.1% for PKBK).
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.
FVCB vs PKBK: side by side
| FVCB (FVCBankcorp, Inc.) | PKBK (Parke Bancorp, Inc.) | |
|---|---|---|
| 1-year return | +36.6% | +52.1% |
| 5-year return | +19.5% | +97.5% |
| Volatility (ann.) | 35.2% | 27.2% |
| Beta vs S&P 500 | 0.80 | 0.68 |
| Max drawdown (3Y) | -34.3% | -26.3% |
| Market cap | $0.3B | $0.4B |
| P/E (trailing) | 12.7 | 8.8 |
| Dividend yield | 1.43% | 2.19% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FVCB | PKBK |
|---|---|---|
| 2022 | -3.1% | +0.4% |
| 2023 | -6.9% | +1.7% |
| 2024 | -11.5% | +5.4% |
| 2025 | +11.7% | +26.6% |
| 2026 | +33.3% | +36.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FVCB and PKBK good diversifiers for each other?
Somewhat, no more. With 0.70 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between FVCB and PKBK?
The FVCB/PKBK correlation stands at 0.70 on a 3-year window (1 year: 0.84, 5 years: 0.66), computed from weekly returns as of 2026-08-27.
Is PKBK a good diversifier for FVCB?
Somewhat, no more. With 0.70 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.70 mean?
On the −1 to +1 scale, 0.70 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/fvcb-vs-pkbk.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/fvcb-vs-pkbk/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FVCB correlations · PKBK correlations
