PED vs ROST: Correlation
Pedevco Corp. (PED) and Ross Stores (ROST) show a negative relationship: their 3-year correlation of weekly returns is -0.26.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PED and ROST?
On 3 years of weekly data the PED/ROST correlation comes out at -0.26, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.41) runs below the 3-year figure (-0.26). The 5-year figure is -0.10, and annualized covariance runs at -338.1 %².
ROST is close to the least connected end of PED's tracked universe, ranking #19 of 22. Correlation aside, the last 12 months split them widely, with ROST ahead by 41.2 points (+13.1% versus +54.3%). One caveat on sizing: PED is 2.2 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.
PED vs ROST: side by side
| PED (Pedevco Corp.) | ROST (Ross Stores) | |
|---|---|---|
| 1-year return | +13.1% | +54.3% |
| 5-year return | -39.7% | +105.0% |
| Volatility (ann.) | 54.0% | 24.0% |
| Beta vs S&P 500 | -0.28 | 0.66 |
| Max drawdown (3Y) | -58.3% | -21.1% |
| Market cap | $0.2B | $73.7B |
| P/E (trailing) | – | 27.8 |
| Dividend yield | 0.00% | 0.72% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | PED | ROST |
|---|---|---|
| 2022 | +3.8% | +2.9% |
| 2023 | -30.0% | +20.6% |
| 2024 | +1.0% | +10.4% |
| 2025 | -28.0% | +20.4% |
| 2026 | +19.6% | +28.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PED and ROST good diversifiers for each other?
Yes. With a correlation of -0.26, PED and ROST have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between PED and ROST?
The PED/ROST correlation stands at -0.26 on a 3-year window (1 year: -0.41, 5 years: -0.10), computed from weekly returns as of 2026-08-27.
Is ROST a good diversifier for PED?
Yes. With a correlation of -0.26, PED and ROST have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.26 mean?
A reading of -0.26 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/ped-vs-rost.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ped-vs-rost/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: PED correlations · ROST correlations
