HBCP vs THFF: Correlation
How closely do Home Bancorp, Inc. (HBCP) and First Financial Corporation (THFF) trade together? Their weekly returns over three years give a correlation of 0.82, which is very strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HBCP and THFF?
Over the past 3 years, HBCP and THFF moved with a correlation of 0.82, which is very strong, meaning they move nearly in lockstep. Little has changed lately, as the 1-year reading of 0.88 lands near the 3-year figure. Over 5 years the correlation is 0.73, and the annualized covariance of weekly returns is 660.3 %².
By 3-year correlation, THFF places #4 of the 16 assets tracked against HBCP. On 12-month performance THFF holds a 13.9-point edge, +24.9% against +38.8%.
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.
HBCP vs THFF: side by side
| HBCP (Home Bancorp, Inc.) | THFF (First Financial Corporation) | |
|---|---|---|
| 1-year return | +24.9% | +38.8% |
| 5-year return | +110.9% | +135.2% |
| Volatility (ann.) | 28.6% | 28.2% |
| Beta vs S&P 500 | 0.82 | 0.81 |
| Max drawdown (3Y) | -21.7% | -20.2% |
| Market cap | $0.5B | $0.9B |
| P/E (trailing) | 11.6 | 11.1 |
| Dividend yield | 1.76% | 2.77% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HBCP | THFF |
|---|---|---|
| 2022 | -1.2% | +4.4% |
| 2023 | +8.0% | -2.6% |
| 2024 | +12.7% | +11.1% |
| 2025 | +27.9% | +36.2% |
| 2026 | +21.9% | +35.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HBCP and THFF good diversifiers for each other?
No: a correlation of 0.82 means HBCP and THFF tend to fall together, which is precisely when diversification is supposed to help.
FAQ
What is the correlation between HBCP and THFF?
Using weekly returns as of 2026-08-27: 0.82 over 3 years, with 0.88 over the last year and 0.73 over 5 years.
Is THFF a good diversifier for HBCP?
No: a correlation of 0.82 means HBCP and THFF tend to fall together, which is precisely when diversification is supposed to help.
What does a correlation of 0.82 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.
Use this data
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Related comparisons
Hubs: HBCP correlations · THFF correlations
