LMNR vs TCBK: Correlation
Limoneira Co (LMNR) and TriCo Bancshares (TCBK) show a moderate relationship: their 3-year correlation of weekly returns is 0.50.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LMNR and TCBK?
On 3 years of weekly data the LMNR/TCBK correlation comes out at 0.50, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.30 versus 0.50 over 3 years. The 5-year figure is 0.23, and annualized covariance runs at 466.3 %².
Within LMNR's tracked universe of 12 assets, TCBK comes in at #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months TCBK outperformed by 36.1 percentage points (-14.2% for LMNR against +21.9% for TCBK).
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.
LMNR vs TCBK: side by side
| LMNR (Limoneira Co) | TCBK (TriCo Bancshares) | |
|---|---|---|
| 1-year return | -14.2% | +21.9% |
| 5-year return | -8.4% | +59.3% |
| Volatility (ann.) | 32.1% | 29.1% |
| Beta vs S&P 500 | 0.61 | 0.76 |
| Max drawdown (3Y) | -58.1% | -27.9% |
| Market cap | $0.2B | $1.7B |
| P/E (trailing) | – | 13.0 |
| Dividend yield | 1.67% | 2.66% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LMNR | TCBK |
|---|---|---|
| 2022 | -16.7% | +21.5% |
| 2023 | +72.0% | -13.0% |
| 2024 | +20.2% | +5.1% |
| 2025 | -47.3% | +11.9% |
| 2026 | +7.4% | +15.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LMNR and TCBK 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 LMNR and TCBK?
Using weekly returns as of 2026-08-27: 0.50 over 3 years, with 0.30 over the last year and 0.23 over 5 years.
Is TCBK a good diversifier for LMNR?
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/lmnr-vs-tcbk.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lmnr-vs-tcbk/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LMNR correlations · TCBK correlations
