PCYO vs PRTH: Correlation
Pure Cycle Corporation (PCYO) and Priority Technology Holdings, Inc. (PRTH) show a moderate relationship: their 3-year correlation of weekly returns is 0.42.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PCYO and PRTH?
On 3 years of weekly data the PCYO/PRTH correlation comes out at 0.42, moderate. The past 12 months show a weaker link (0.09) than the 3-year average (0.42). The 5-year figure is 0.34, and annualized covariance runs at 812.4 %².
Within PCYO's tracked universe of 11 assets, PRTH comes in at #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with PCYO ahead by 47.0 points (+11.9% versus -35.1%). One caveat on sizing: PRTH is 2.6 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
PCYO vs PRTH: side by side
| PCYO (Pure Cycle Corporation) | PRTH (Priority Technology Holdings, Inc.) | |
|---|---|---|
| 1-year return | +11.9% | -35.1% |
| 5-year return | -24.0% | -9.8% |
| Volatility (ann.) | 27.7% | 70.7% |
| Beta vs S&P 500 | 0.73 | 1.52 |
| Max drawdown (3Y) | -33.4% | -62.2% |
| Market cap | $0.3B | $0.4B |
| P/E (trailing) | 18.7 | 8.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PCYO | PRTH |
|---|---|---|
| 2022 | -28.2% | -25.7% |
| 2023 | -0.1% | -32.3% |
| 2024 | +21.1% | +230.1% |
| 2025 | -13.3% | -53.6% |
| 2026 | +4.0% | -0.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PCYO and PRTH good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between PCYO and PRTH?
Using weekly returns as of 2026-08-27: 0.42 over 3 years, with 0.09 over the last year and 0.34 over 5 years.
Is PRTH a good diversifier for PCYO?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.42 mean?
A reading of 0.42 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/pcyo-vs-prth.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/pcyo-vs-prth/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PCYO correlations · PRTH correlations
