PED vs SOR: Correlation
Pedevco Corp. (PED) and Source Capital, Inc. Cmn Shs of BI (SOR) show a negative relationship: their 3-year correlation of weekly returns is -0.27.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PED and SOR?
Across a 3-year window, the weekly returns of PED and SOR correlate at -0.27, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.57 versus -0.27 over 3 years. Stretching to 5 years gives 0.04, with an annualized covariance of -155.1 %².
Out of 22 assets tracked against PED, SOR lands near the bottom at #22. Twelve-month performance is nearly a tie, at +13.1% for PED and +11.2% for SOR. Risk is not evenly split, since PED carries 5.1 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.
PED vs SOR: side by side
| PED (Pedevco Corp.) | SOR (Source Capital, Inc. Cmn Shs of BI) | |
|---|---|---|
| 1-year return | +13.1% | +11.2% |
| 5-year return | -39.7% | +53.7% |
| Volatility (ann.) | 54.0% | 10.5% |
| Beta vs S&P 500 | -0.28 | 0.37 |
| Max drawdown (3Y) | -58.3% | -9.2% |
| Market cap | $0.2B | – |
| P/E (trailing) | – | 6.4 |
| Dividend yield | 0.00% | 5.36% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PED | SOR |
|---|---|---|
| 2022 | +3.8% | -5.2% |
| 2023 | -30.0% | +12.6% |
| 2024 | +1.0% | +21.3% |
| 2025 | -28.0% | +11.5% |
| 2026 | +19.6% | +5.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PED and SOR good diversifiers for each other?
Yes. With a correlation of -0.27, PED and SOR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between PED and SOR?
The PED/SOR correlation stands at -0.27 on a 3-year window (1 year: -0.57, 5 years: 0.04), computed from weekly returns as of 2026-08-27.
Is SOR a good diversifier for PED?
Yes. With a correlation of -0.27, PED and SOR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.27 mean?
A reading of -0.27 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-sor.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ped-vs-sor/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PED correlations · SOR correlations
