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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

Correlation (3Y)
0.65
strong
Correlation (1Y)
0.57
last 12 months
Correlation (5Y)
0.51
long-run
Ann. covariance
651.7
%² · weekly, annualized

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 5000.750.62
Max drawdown (3Y)-42.9%-23.4%
Market cap$0.6B$0.9B
P/E (trailing)14.413.1
Dividend yield1.15%2.19%
Sector / categoryUS ListedUS Listed
Lower P/E: GSBC 13.1 vs 14.4Higher yield: GSBC 2.19% vs 1.15%Smaller drawdown: GSBC -23.4% vs -42.9%Higher 5y return: GCBC +139.6% vs +68.1%
-12%0%+52%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). GCBC · GSBC

Year-by-year returns

YearGCBCGSBC
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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GCBC vs GSBC: 3-year weekly correlation 0.65GCBC vs GSBC0.65

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Hubs: GCBC correlations · GSBC correlations