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PAMT vs UVSP: Correlation

PAMT CORP (PAMT) and Univest Financial Corporation (UVSP) show a moderate relationship: their 3-year correlation of weekly returns is 0.55.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.55
moderate
Correlation (1Y)
0.54
last 12 months
Correlation (5Y)
0.40
long-run
Ann. covariance
886.7
%² · weekly, annualized

How correlated are PAMT and UVSP?

On 3 years of weekly data the PAMT/UVSP correlation comes out at 0.55, moderate. Little has changed lately, as the 1-year reading of 0.54 lands near the 3-year figure. The 5-year figure is 0.40, and annualized covariance runs at 886.7 %².

Within PAMT's tracked universe of 10 assets, UVSP comes in at #5 by 3-year correlation. The last year tells two different stories: UVSP led by 39.9 percentage points, -5.9% for PAMT against +34.0% for UVSP. Note the risk asymmetry: PAMT runs 1.9 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.

PAMT vs UVSP: side by side

PAMT (PAMT CORP)UVSP (Univest Financial Corporation)
1-year return-5.9%+34.0%
5-year return-27.0%+81.7%
Volatility (ann.)55.0%29.4%
Beta vs S&P 5000.790.81
Max drawdown (3Y)-67.8%-20.9%
Market cap$0.3B$1.1B
P/E (trailing)12.0
Dividend yield0.00%2.16%
Sector / categoryUS ListedUS Listed
Higher yield: UVSP 2.16% vs 0.00%Smaller drawdown: UVSP -20.9% vs -67.8%Higher 5y return: UVSP +81.7% vs -27.0%
-34%0%+46%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). PAMT · UVSP

Year-by-year returns

YearPAMTUVSP
2022-27.1%-9.9%
2023-19.8%-12.1%
2024-21.2%+38.8%
2025-26.3%+14.3%
2026-0.3%+29.6%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are PAMT and UVSP good diversifiers for each other?

To a limited degree. At 0.55 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

FAQ

What is the correlation between PAMT and UVSP?

Using weekly returns as of 2026-08-27: 0.55 over 3 years, with 0.54 over the last year and 0.40 over 5 years.

Is UVSP a good diversifier for PAMT?

To a limited degree. At 0.55 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

What does a correlation of 0.55 mean?

A reading of 0.55 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

Use this data

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/pamt-vs-uvsp.json

PAMT vs UVSP: 3-year weekly correlation 0.55PAMT vs UVSP0.55

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[![PAMT vs UVSP correlation](https://www.pairbook.io/api/v1/badge/pamt-vs-uvsp.svg)](https://www.pairbook.io/pair/pamt-vs-uvsp/)

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Related comparisons

Hubs: PAMT correlations · UVSP correlations