PCOR vs TRMB: Correlation
Measured on weekly returns over the past three years, Procore Technologies, Inc. (PCOR) and Trimble Inc. (TRMB) carry a correlation of 0.64, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PCOR and TRMB?
Over the past 3 years, PCOR and TRMB moved with a correlation of 0.64, which is strong. Recent behaviour matches the longer record: 0.73 over 1 year against 0.64 over 3. Over 5 years the correlation is 0.61, and the annualized covariance of weekly returns is 922.9 %².
In PCOR's tracked universe of 21 assets, TRMB sits right near the top at #3. Their recent paths diverged sharply: over the last 12 months PCOR outperformed by 19.1 percentage points (-6.0% for PCOR against -25.1% for TRMB). Note the risk asymmetry: PCOR runs 1.5 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.
PCOR vs TRMB: side by side
| PCOR (Procore Technologies, Inc.) | TRMB (Trimble Inc.) | |
|---|---|---|
| 1-year return | -6.0% | -25.1% |
| 5-year return | -32.7% | -35.7% |
| Volatility (ann.) | 46.4% | 30.9% |
| Beta vs S&P 500 | 1.31 | 1.13 |
| Max drawdown (3Y) | -56.6% | -42.7% |
| Market cap | $9.7B | $14.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | PCOR | TRMB |
|---|---|---|
| 2022 | -41.0% | -42.0% |
| 2023 | +46.7% | +5.2% |
| 2024 | +8.2% | +32.8% |
| 2025 | -2.9% | +10.9% |
| 2026 | -12.4% | -21.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PCOR and TRMB good diversifiers for each other?
To a limited degree. At 0.64 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 PCOR and TRMB?
The PCOR/TRMB correlation stands at 0.64 on a 3-year window (1 year: 0.73, 5 years: 0.61), computed from weekly returns as of 2026-08-27.
Is TRMB a good diversifier for PCOR?
To a limited degree. At 0.64 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 0.64 mean?
On the −1 to +1 scale, 0.64 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/pcor-vs-trmb.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/pcor-vs-trmb/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PCOR correlations · TRMB correlations
