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PG vs SPCB: Correlation

Measured on weekly returns over the past three years, Procter & Gamble (PG) and SuperCom, Ltd. (SPCB) carry a correlation of -0.21, a negative link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.21
negative
Correlation (1Y)
-0.11
last 12 months
Correlation (5Y)
-0.11
long-run
Ann. covariance
-374.7
%² · weekly, annualized

How correlated are PG and SPCB?

Over the past 3 years, PG and SPCB moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.11 lands near the 3-year figure. Over 5 years the correlation is -0.11, and the annualized covariance of weekly returns is -374.7 %².

By 3-year correlation, SPCB places #24 of the 30 assets tracked against PG. Their recent paths diverged sharply: over the last 12 months SPCB outperformed by 18.2 percentage points (-6.1% for PG against +12.1% for SPCB). Note the risk asymmetry: SPCB runs 7.8 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.

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.

PG vs SPCB: side by side

PG (Procter & Gamble)SPCB (SuperCom, Ltd.)
1-year return-6.1%+12.1%
5-year return+13.9%-95.6%
Volatility (ann.)15.3%119.2%
Beta vs S&P 5000.191.19
Max drawdown (3Y)-21.2%-84.7%
Market cap$332.7B$0.1B
P/E (trailing)21.914.4
Dividend yield2.94%0.00%
Sector / categoryConsumer StaplesUS Listed
Lower P/E: SPCB 14.4 vs 21.9Higher yield: PG 2.94% vs 0.00%Smaller drawdown: PG -21.2% vs -84.7%Higher 5y return: PG +13.9% vs -95.6%
-20%0%+33%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. PG · SPCB

Year-by-year returns

YearPGSPCB
2022-5.0%-68.2%
2023-0.9%-78.1%
2024+17.3%-38.2%
2025-12.3%+87.8%
2026+2.1%+12.9%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are PG and SPCB good diversifiers for each other?

By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.

FAQ

What is the correlation between PG and SPCB?

As of 2026-08-27, the correlation of weekly returns between PG and SPCB is -0.21 over 3 years, -0.11 over 1 year and -0.11 over 5 years.

Is SPCB a good diversifier for PG?

By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.

What does a correlation of -0.21 mean?

On the −1 to +1 scale, -0.21 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.

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PG vs SPCB: 3-year weekly correlation -0.21PG vs SPCB-0.21

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Related comparisons

Hubs: PG correlations · SPCB correlations