GSBC vs PEBK: Correlation
Measured on weekly returns over the past three years, Great Southern Bancorp, Inc. (GSBC) and Peoples Bancorp of North Carolina, Inc. (PEBK) carry a correlation of 0.66, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GSBC and PEBK?
Across a 3-year window, the weekly returns of GSBC and PEBK correlate at 0.66, strong. Lately the two have moved closer together, with the 1-year correlation at 0.78 versus 0.66 over 3 years. Stretching to 5 years gives 0.57, with an annualized covariance of 499.2 %².
Within GSBC's tracked universe of 26 assets, PEBK comes in at #19 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months PEBK outperformed by 16.1 percentage points (+26.7% for GSBC against +42.8% for PEBK).
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.
GSBC vs PEBK: side by side
| GSBC (Great Southern Bancorp, Inc.) | PEBK (Peoples Bancorp of North Carolina, Inc.) | |
|---|---|---|
| 1-year return | +26.7% | +42.8% |
| 5-year return | +68.1% | +80.5% |
| Volatility (ann.) | 24.8% | 30.3% |
| Beta vs S&P 500 | 0.62 | 0.76 |
| Max drawdown (3Y) | -23.4% | -25.2% |
| Market cap | $0.9B | $0.2B |
| P/E (trailing) | 13.1 | 12.0 |
| Dividend yield | 2.19% | 1.88% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GSBC | PEBK |
|---|---|---|
| 2022 | +3.1% | +21.8% |
| 2023 | +2.8% | -1.4% |
| 2024 | +3.5% | +4.3% |
| 2025 | +6.0% | +19.7% |
| 2026 | +29.2% | +21.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GSBC and PEBK good diversifiers for each other?
Only partially. A correlation of 0.66 means GSBC and PEBK 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 GSBC and PEBK?
As of 2026-08-27, the correlation of weekly returns between GSBC and PEBK is 0.66 over 3 years, 0.78 over 1 year and 0.57 over 5 years.
Is PEBK a good diversifier for GSBC?
Only partially. A correlation of 0.66 means GSBC and PEBK share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.66 mean?
A reading of 0.66 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/gsbc-vs-pebk.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gsbc-vs-pebk/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GSBC correlations · PEBK correlations
