PCT vs PLCE: Correlation
How closely do PureCycle Technologies, Inc. (PCT) and Children's Place, Inc. (The) (PLCE) trade together? Their weekly returns over three years give a correlation of 0.42, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PCT and PLCE?
On 3 years of weekly data the PCT/PLCE correlation comes out at 0.42, moderate. The past 12 months show a weaker link (0.18) than the 3-year average (0.42). The 5-year figure is 0.35, and annualized covariance runs at 6542.4 %².
Among the 12 assets we track against PCT, PLCE ranks #4 by 3-year correlation. On 12-month performance PLCE holds a 8.1-point edge, -55.2% against -47.1%. Risk is not evenly split, since PLCE carries 1.6 times the volatility of the other side.
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.
PCT vs PLCE: side by side
| PCT (PureCycle Technologies, Inc.) | PLCE (Children's Place, Inc. (The)) | |
|---|---|---|
| 1-year return | -55.2% | -47.1% |
| 5-year return | -52.3% | -97.2% |
| Volatility (ann.) | 98.0% | 159.8% |
| Beta vs S&P 500 | 2.42 | 2.28 |
| Max drawdown (3Y) | -74.2% | -92.3% |
| Market cap | $1.3B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PCT | PLCE |
|---|---|---|
| 2022 | -29.4% | -54.1% |
| 2023 | -40.1% | -36.2% |
| 2024 | +153.1% | -55.0% |
| 2025 | -16.2% | -62.0% |
| 2026 | -22.6% | -38.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PCT and PLCE good diversifiers for each other?
Reasonably. At 0.42, PCT and PLCE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between PCT and PLCE?
The PCT/PLCE correlation stands at 0.42 on a 3-year window (1 year: 0.18, 5 years: 0.35), computed from weekly returns as of 2026-08-27.
Is PLCE a good diversifier for PCT?
Reasonably. At 0.42, PCT and PLCE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.42 mean?
On the −1 to +1 scale, 0.42 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/pct-vs-plce.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/pct-vs-plce/)
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Related comparisons
Hubs: PCT correlations · PLCE correlations
