ISPR vs PFIS: Correlation
How closely do Ispire Technology Inc. (ISPR) and Peoples Financial Services Corp. (PFIS) trade together? Their weekly returns over three years give a correlation of 0.31, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ISPR and PFIS?
Across a 3-year window, the weekly returns of ISPR and PFIS correlate at 0.31, moderate. The link has loosened recently: the 1-year correlation (0.16) runs below the 3-year figure (0.31). Stretching to 5 years gives n/a, with an annualized covariance of 801.2 %².
In ISPR's tracked universe of 10 assets, PFIS sits right near the top at #3. Correlation aside, the last 12 months split them widely, with PFIS ahead by 90.0 points (-54.5% versus +35.5%). One caveat on sizing: ISPR is 2.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
ISPR vs PFIS: side by side
| ISPR (Ispire Technology Inc.) | PFIS (Peoples Financial Services Corp.) | |
|---|---|---|
| 1-year return | -54.5% | +35.5% |
| 5-year return | n/a | +82.0% |
| Volatility (ann.) | 85.1% | 30.5% |
| Beta vs S&P 500 | 1.12 | 0.66 |
| Max drawdown (3Y) | -93.3% | -29.1% |
| Market cap | $0.1B | $0.7B |
| P/E (trailing) | – | 12.3 |
| Dividend yield | 0.00% | 3.56% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ISPR | PFIS |
|---|---|---|
| 2022 | – | +1.5% |
| 2023 | – | -2.5% |
| 2024 | -58.5% | +9.9% |
| 2025 | -44.3% | +0.0% |
| 2026 | -49.3% | +45.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ISPR and PFIS good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.31 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ISPR and PFIS?
The ISPR/PFIS correlation stands at 0.31 on a 3-year window (1 year: 0.16, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is PFIS a good diversifier for ISPR?
Yes, to a useful degree: a correlation of 0.31 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.31 mean?
On the −1 to +1 scale, 0.31 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ispr-vs-pfis.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ispr-vs-pfis/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ISPR correlations · PFIS correlations
