NABL vs PCOR: Correlation
How closely do N-able, Inc. (NABL) and Procore Technologies, Inc. (PCOR) trade together? Their weekly returns over three years give a correlation of 0.49, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NABL and PCOR?
On 3 years of weekly data the NABL/PCOR correlation comes out at 0.49, moderate. The past 12 months show a tighter link (0.66) than the 3-year average (0.49). The 5-year figure is 0.46, and annualized covariance runs at 1110.2 %².
Few assets follow NABL as closely as PCOR, which ranks #3 of 13 tracked partners. Correlation aside, the last 12 months split them widely, with PCOR ahead by 44.5 points (-50.5% versus -6.0%).
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.
NABL vs PCOR: side by side
| NABL (N-able, Inc.) | PCOR (Procore Technologies, Inc.) | |
|---|---|---|
| 1-year return | -50.5% | -6.0% |
| 5-year return | -69.9% | -32.7% |
| Volatility (ann.) | 49.3% | 46.4% |
| Beta vs S&P 500 | 0.78 | 1.31 |
| Max drawdown (3Y) | -80.4% | -56.6% |
| Market cap | $0.7B | $9.7B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NABL | PCOR |
|---|---|---|
| 2022 | -7.4% | -41.0% |
| 2023 | +28.9% | +46.7% |
| 2024 | -29.5% | +8.2% |
| 2025 | -19.9% | -2.9% |
| 2026 | -47.2% | -12.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NABL and PCOR good diversifiers for each other?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between NABL and PCOR?
As of 2026-08-27, the correlation of weekly returns between NABL and PCOR is 0.49 over 3 years, 0.66 over 1 year and 0.46 over 5 years.
Is PCOR a good diversifier for NABL?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.49 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/nabl-vs-pcor.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/nabl-vs-pcor/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: NABL correlations · PCOR correlations
