PBFS vs PLBC: Correlation
Pioneer Bancorp, Inc. (PBFS) and Plumas Bancorp (PLBC) show a moderate relationship: their 3-year correlation of weekly returns is 0.56.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PBFS and PLBC?
On 3 years of weekly data the PBFS/PLBC correlation comes out at 0.56, moderate. The relationship has been stable: the 1-year correlation (0.50) sits close to the 3-year figure. The 5-year figure is 0.44, and annualized covariance runs at 380.1 %².
PLBC is one of the assets that tracks PBFS most closely: it ranks #1 out of the 10 assets we track against PBFS. On 12-month performance PLBC holds a 7.0-point edge, +38.3% against +45.3%.
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.
PBFS vs PLBC: side by side
| PBFS (Pioneer Bancorp, Inc.) | PLBC (Plumas Bancorp) | |
|---|---|---|
| 1-year return | +38.3% | +45.3% |
| 5-year return | +44.7% | +114.6% |
| Volatility (ann.) | 22.2% | 30.5% |
| Beta vs S&P 500 | 0.37 | 0.37 |
| Max drawdown (3Y) | -19.3% | -26.7% |
| Market cap | $0.4B | $0.4B |
| P/E (trailing) | 25.3 | 12.0 |
| Dividend yield | 0.00% | 2.06% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PBFS | PLBC |
|---|---|---|
| 2022 | +0.7% | +11.7% |
| 2023 | -12.2% | +14.7% |
| 2024 | +15.1% | +17.5% |
| 2025 | +17.0% | -2.7% |
| 2026 | +31.5% | +39.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PBFS and PLBC good diversifiers for each other?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between PBFS and PLBC?
The PBFS/PLBC correlation stands at 0.56 on a 3-year window (1 year: 0.50, 5 years: 0.44), computed from weekly returns as of 2026-08-27.
Is PLBC a good diversifier for PBFS?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.56 mean?
A reading of 0.56 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/pbfs-vs-plbc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/pbfs-vs-plbc/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: PBFS correlations · PLBC correlations
