OVBC vs TSSI: Correlation
Measured on weekly returns over the past three years, Ohio Valley Banc Corp. (OVBC) and TSS, Inc. (TSSI) carry a correlation of -0.21, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OVBC and TSSI?
On 3 years of weekly data the OVBC/TSSI correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.13 over 1 year against -0.21 over 3. The 5-year figure is -0.17, and annualized covariance runs at -890.4 %².
Among the 11 assets we track against OVBC, TSSI sits near the bottom by co-movement, at rank #10. Correlation aside, the last 12 months split them widely, with OVBC ahead by 73.8 points (+27.8% versus -46.0%). Note the risk asymmetry: TSSI runs 4.2 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
OVBC vs TSSI: side by side
| OVBC (Ohio Valley Banc Corp.) | TSSI (TSS, Inc.) | |
|---|---|---|
| 1-year return | +27.8% | -46.0% |
| 5-year return | +98.0% | +1305.0% |
| Volatility (ann.) | 32.1% | 133.4% |
| Beta vs S&P 500 | 0.12 | 3.46 |
| Max drawdown (3Y) | -26.2% | -77.7% |
| Market cap | $0.2B | $0.2B |
| P/E (trailing) | 15.1 | 16.2 |
| Dividend yield | 2.08% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | OVBC | TSSI |
|---|---|---|
| 2022 | -7.8% | +24.4% |
| 2023 | -9.3% | -51.8% |
| 2024 | +9.3% | +4292.6% |
| 2025 | +70.0% | -40.4% |
| 2026 | +15.4% | +19.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OVBC and TSSI good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between OVBC and TSSI?
As of 2026-08-27, the correlation of weekly returns between OVBC and TSSI is -0.21 over 3 years, -0.13 over 1 year and -0.17 over 5 years.
Is TSSI a good diversifier for OVBC?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 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/ovbc-vs-tssi.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ovbc-vs-tssi/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: OVBC correlations · TSSI correlations
