HTCR vs PACS: Correlation
How closely do Heartcore Enterprises, Inc. (HTCR) and PACS Group, Inc. (PACS) trade together? Their weekly returns over three years give a correlation of -0.15, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HTCR and PACS?
Over the past 3 years, HTCR and PACS moved with a correlation of -0.15, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.40) runs below the 3-year figure (-0.15). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -1764.1 %².
Among the 12 assets we track against HTCR, PACS sits near the bottom by co-movement, at rank #10. The last year tells two different stories: PACS led by 359.7 percentage points, -86.7% for HTCR against +273.0% for PACS.
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.
HTCR vs PACS: side by side
| HTCR (Heartcore Enterprises, Inc.) | PACS (PACS Group, Inc.) | |
|---|---|---|
| 1-year return | -86.7% | +273.0% |
| 5-year return | -96.7% | n/a |
| Volatility (ann.) | 97.6% | 120.5% |
| Beta vs S&P 500 | 1.26 | 0.06 |
| Max drawdown (3Y) | -95.7% | -82.0% |
| Market cap | – | $7.0B |
| P/E (trailing) | – | 25.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HTCR | PACS |
|---|---|---|
| 2023 | -29.9% | – |
| 2024 | +199.2% | – |
| 2025 | -80.3% | +192.8% |
| 2026 | -56.6% | +15.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HTCR and PACS good diversifiers for each other?
By historical standards, yes. A correlation of -0.15 means the two rarely move for the same reasons.
FAQ
What is the correlation between HTCR and PACS?
Using weekly returns as of 2026-08-27: -0.15 over 3 years, with -0.40 over the last year and n/a over 5 years.
Is PACS a good diversifier for HTCR?
By historical standards, yes. A correlation of -0.15 means the two rarely move for the same reasons.
What does a correlation of -0.15 mean?
A reading of -0.15 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/htcr-vs-pacs.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/htcr-vs-pacs/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: HTCR correlations · PACS correlations
