HBCP vs UVV: Correlation
Measured on weekly returns over the past three years, Home Bancorp, Inc. (HBCP) and Universal Corporation (UVV) carry a correlation of 0.50, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HBCP and UVV?
Over the past 3 years, HBCP and UVV moved with a correlation of 0.50, which is moderate. The past 12 months show a weaker link (0.33) than the 3-year average (0.50). Over 5 years the correlation is 0.41, and the annualized covariance of weekly returns is 382.9 %².
Among the 16 assets we track against HBCP, UVV ranks #11 by 3-year correlation. Correlation aside, the last 12 months split them widely, with HBCP ahead by 36.5 points (+24.9% versus -11.6%).
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 UVV: side by side
| HBCP (Home Bancorp, Inc.) | UVV (Universal Corporation) | |
|---|---|---|
| 1-year return | +24.9% | -11.6% |
| 5-year return | +110.9% | +25.0% |
| Volatility (ann.) | 28.6% | 27.0% |
| Beta vs S&P 500 | 0.82 | 0.23 |
| Max drawdown (3Y) | -21.7% | -29.7% |
| Market cap | $0.5B | $1.1B |
| P/E (trailing) | 11.6 | 61.3 |
| Dividend yield | 1.76% | 7.05% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HBCP | UVV |
|---|---|---|
| 2022 | -1.2% | +1.8% |
| 2023 | +8.0% | +35.8% |
| 2024 | +12.7% | -13.4% |
| 2025 | +27.9% | +2.3% |
| 2026 | +21.9% | -8.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HBCP and UVV good diversifiers for each other?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between HBCP and UVV?
Using weekly returns as of 2026-08-27: 0.50 over 3 years, with 0.33 over the last year and 0.41 over 5 years.
Is UVV a good diversifier for HBCP?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.50 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
$ curl https://www.pairbook.io/api/v1/pairs/hbcp-vs-uvv.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/hbcp-vs-uvv/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: HBCP correlations · UVV correlations
