PAYC vs PCOR: Correlation
Paycom Software, Inc. (PAYC) and Procore Technologies, Inc. (PCOR) show a moderate relationship: their 3-year correlation of weekly returns is 0.52.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PAYC and PCOR?
Across a 3-year window, the weekly returns of PAYC and PCOR correlate at 0.52, moderate. The relationship has been stable: the 1-year correlation (0.53) sits close to the 3-year figure. Stretching to 5 years gives 0.61, with an annualized covariance of 1142.2 %².
Within PAYC's tracked universe of 17 assets, PCOR comes in at #4 by 3-year correlation. Over the last 12 months PAYC came out ahead by 11.0 percentage points (+5.0% against -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.
PAYC vs PCOR: side by side
| PAYC (Paycom Software, Inc.) | PCOR (Procore Technologies, Inc.) | |
|---|---|---|
| 1-year return | +5.0% | -6.0% |
| 5-year return | -50.2% | -32.7% |
| Volatility (ann.) | 46.9% | 46.4% |
| Beta vs S&P 500 | 0.72 | 1.31 |
| Max drawdown (3Y) | -60.8% | -56.6% |
| Market cap | $10.7B | $9.7B |
| P/E (trailing) | 25.1 | – |
| Dividend yield | 0.65% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PAYC | PCOR |
|---|---|---|
| 2022 | -25.3% | -41.0% |
| 2023 | -33.1% | +46.7% |
| 2024 | -0.0% | +8.2% |
| 2025 | -21.7% | -2.9% |
| 2026 | +49.8% | -12.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PAYC and PCOR good diversifiers for each other?
To a limited degree. At 0.52 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 PAYC and PCOR?
Using weekly returns as of 2026-08-27: 0.52 over 3 years, with 0.53 over the last year and 0.61 over 5 years.
Is PCOR a good diversifier for PAYC?
To a limited degree. At 0.52 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 0.52 mean?
A reading of 0.52 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
$ curl https://www.pairbook.io/api/v1/pairs/payc-vs-pcor.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/payc-vs-pcor/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: PAYC correlations · PCOR correlations
