OOMA vs PFIS: Correlation
Ooma, Inc. (OOMA) and Peoples Financial Services Corp. (PFIS) show a moderate relationship: their 3-year correlation of weekly returns is 0.45.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OOMA and PFIS?
Over the past 3 years, OOMA and PFIS moved with a correlation of 0.45, which is moderate. The link has loosened recently: the 1-year correlation (0.20) runs below the 3-year figure (0.45). Over 5 years the correlation is 0.38, and the annualized covariance of weekly returns is 535.2 %².
By 3-year correlation, PFIS places #5 of the 10 assets tracked against OOMA. The last year tells two different stories: OOMA led by 38.8 percentage points, +74.3% for OOMA against +35.5% for PFIS.
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.
OOMA vs PFIS: side by side
| OOMA (Ooma, Inc.) | PFIS (Peoples Financial Services Corp.) | |
|---|---|---|
| 1-year return | +74.3% | +35.5% |
| 5-year return | +23.7% | +82.0% |
| Volatility (ann.) | 38.7% | 30.5% |
| Beta vs S&P 500 | 0.76 | 0.66 |
| Max drawdown (3Y) | -53.4% | -29.1% |
| Market cap | $0.6B | $0.7B |
| P/E (trailing) | 62.3 | 12.3 |
| Dividend yield | 0.00% | 3.56% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | OOMA | PFIS |
|---|---|---|
| 2022 | -33.4% | +1.5% |
| 2023 | -21.2% | -2.5% |
| 2024 | +31.0% | +9.9% |
| 2025 | -16.6% | +0.0% |
| 2026 | +96.4% | +45.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OOMA and PFIS good diversifiers for each other?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between OOMA and PFIS?
Using weekly returns as of 2026-08-27: 0.45 over 3 years, with 0.20 over the last year and 0.38 over 5 years.
Is PFIS a good diversifier for OOMA?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.45 mean?
On the −1 to +1 scale, 0.45 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/ooma-vs-pfis.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ooma-vs-pfis/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: OOMA correlations · PFIS correlations
