GCBC vs GSBC: Correlation
Greene County Bancorp, Inc. (GCBC) and Great Southern Bancorp, Inc. (GSBC) show a strong relationship: their 3-year correlation of weekly returns is 0.65.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GCBC and GSBC?
Over the past 3 years, GCBC and GSBC moved with a correlation of 0.65, which is strong. Little has changed lately, as the 1-year reading of 0.57 lands near the 3-year figure. Over 5 years the correlation is 0.51, and the annualized covariance of weekly returns is 651.7 %².
Few assets follow GCBC as closely as GSBC, which ranks #3 of 10 tracked partners. The last year tells two different stories: GCBC led by 20.4 percentage points, +47.1% for GCBC against +26.7% for GSBC. Risk is not evenly split, since GCBC carries 1.6 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.
GCBC vs GSBC: side by side
| GCBC (Greene County Bancorp, Inc.) | GSBC (Great Southern Bancorp, Inc.) | |
|---|---|---|
| 1-year return | +47.1% | +26.7% |
| 5-year return | +139.6% | +68.1% |
| Volatility (ann.) | 40.5% | 24.8% |
| Beta vs S&P 500 | 0.75 | 0.62 |
| Max drawdown (3Y) | -42.9% | -23.4% |
| Market cap | $0.6B | $0.9B |
| P/E (trailing) | 14.4 | 13.1 |
| Dividend yield | 1.15% | 2.19% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GCBC | GSBC |
|---|---|---|
| 2022 | +57.9% | +3.1% |
| 2023 | -0.6% | +2.8% |
| 2024 | -0.6% | +3.5% |
| 2025 | -18.5% | +6.0% |
| 2026 | +57.6% | +29.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GCBC and GSBC good diversifiers for each other?
Only partially. A correlation of 0.65 means GCBC and GSBC share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between GCBC and GSBC?
As of 2026-08-27, the correlation of weekly returns between GCBC and GSBC is 0.65 over 3 years, 0.57 over 1 year and 0.51 over 5 years.
Is GSBC a good diversifier for GCBC?
Only partially. A correlation of 0.65 means GCBC and GSBC share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.65 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.
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Hubs: GCBC correlations · GSBC correlations