PCYO vs SBCF: Correlation
Measured on weekly returns over the past three years, Pure Cycle Corporation (PCYO) and Seacoast Banking Corporation of Florida (SBCF) carry a correlation of 0.58, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PCYO and SBCF?
Over the past 3 years, PCYO and SBCF moved with a correlation of 0.58, which is moderate. The link has loosened recently: the 1-year correlation (0.32) runs below the 3-year figure (0.58). Over 5 years the correlation is 0.43, and the annualized covariance of weekly returns is 492.3 %².
Within PCYO's tracked universe of 11 assets, SBCF comes in at #5 by 3-year correlation. Neither side won the trailing year by much: +11.9% against +12.7%.
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 SBCF: side by side
| PCYO (Pure Cycle Corporation) | SBCF (Seacoast Banking Corporation of Florida) | |
|---|---|---|
| 1-year return | +11.9% | +12.7% |
| 5-year return | -24.0% | +23.0% |
| Volatility (ann.) | 27.7% | 30.8% |
| Beta vs S&P 500 | 0.73 | 0.96 |
| Max drawdown (3Y) | -33.4% | -27.8% |
| Market cap | $0.3B | $3.3B |
| P/E (trailing) | 18.7 | 22.3 |
| Dividend yield | 0.00% | 2.18% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PCYO | SBCF |
|---|---|---|
| 2022 | -28.2% | -10.1% |
| 2023 | -0.1% | -6.0% |
| 2024 | +21.1% | -0.5% |
| 2025 | -13.3% | +17.1% |
| 2026 | +4.0% | +10.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PCYO and SBCF good diversifiers for each other?
Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between PCYO and SBCF?
As of 2026-08-27, the correlation of weekly returns between PCYO and SBCF is 0.58 over 3 years, 0.32 over 1 year and 0.43 over 5 years.
Is SBCF a good diversifier for PCYO?
Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.58 mean?
A reading of 0.58 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-sbcf.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/pcyo-vs-sbcf/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: PCYO correlations · SBCF correlations
