MCBS vs PRTH: Correlation
MetroCity Bankshares, Inc. (MCBS) and Priority Technology Holdings, Inc. (PRTH) show a moderate relationship: their 3-year correlation of weekly returns is 0.42.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MCBS and PRTH?
Across a 3-year window, the weekly returns of MCBS and PRTH correlate at 0.42, moderate. The past 12 months show a weaker link (-0.04) than the 3-year average (0.42). Stretching to 5 years gives 0.29, with an annualized covariance of 834.9 %².
Among the 30 assets we track against MCBS, PRTH sits near the bottom by co-movement, at rank #26. Their recent paths diverged sharply: over the last 12 months MCBS outperformed by 55.9 percentage points (+20.8% for MCBS against -35.1% for PRTH). One caveat on sizing: PRTH is 2.5 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.
MCBS vs PRTH: side by side
| MCBS (MetroCity Bankshares, Inc.) | PRTH (Priority Technology Holdings, Inc.) | |
|---|---|---|
| 1-year return | +20.8% | -35.1% |
| 5-year return | +99.5% | -9.8% |
| Volatility (ann.) | 28.2% | 70.7% |
| Beta vs S&P 500 | 0.85 | 1.52 |
| Max drawdown (3Y) | -28.0% | -62.2% |
| Market cap | $1.0B | $0.4B |
| P/E (trailing) | 12.2 | 8.1 |
| Dividend yield | 2.95% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MCBS | PRTH |
|---|---|---|
| 2022 | -19.3% | -25.7% |
| 2023 | +15.3% | -32.3% |
| 2024 | +37.1% | +230.1% |
| 2025 | -14.1% | -53.6% |
| 2026 | +35.8% | -0.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MCBS and PRTH good diversifiers for each other?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between MCBS and PRTH?
Using weekly returns as of 2026-08-27: 0.42 over 3 years, with -0.04 over the last year and 0.29 over 5 years.
Is PRTH a good diversifier for MCBS?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.42 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/mcbs-vs-prth.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mcbs-vs-prth/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MCBS correlations · PRTH correlations
