PLCE vs VGAS: Correlation
Children's Place, Inc. (The) (PLCE) and Verde Clean Fuels, Inc. (VGAS) show a moderate relationship: their 3-year correlation of weekly returns is 0.38.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PLCE and VGAS?
On 3 years of weekly data the PLCE/VGAS correlation comes out at 0.38, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.07 versus 0.38 over 3 years. The 5-year figure is 0.22, and annualized covariance runs at 5658.4 %².
Within PLCE's tracked universe of 21 assets, VGAS comes in at #10 by 3-year correlation. Over the last 12 months PLCE came out ahead by 7.4 percentage points (-47.1% against -54.5%). Note the risk asymmetry: PLCE runs 1.7 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.
PLCE vs VGAS: side by side
| PLCE (Children's Place, Inc. (The)) | VGAS (Verde Clean Fuels, Inc.) | |
|---|---|---|
| 1-year return | -47.1% | -54.5% |
| 5-year return | -97.2% | -86.2% |
| Volatility (ann.) | 159.8% | 94.3% |
| Beta vs S&P 500 | 2.28 | 0.91 |
| Max drawdown (3Y) | -92.3% | -82.3% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PLCE | VGAS |
|---|---|---|
| 2022 | -54.1% | -8.2% |
| 2023 | -36.2% | -74.1% |
| 2024 | -55.0% | +72.2% |
| 2025 | -62.0% | -49.3% |
| 2026 | -38.4% | -34.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PLCE and VGAS good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between PLCE and VGAS?
The PLCE/VGAS correlation stands at 0.38 on a 3-year window (1 year: 0.07, 5 years: 0.22), computed from weekly returns as of 2026-08-27.
Is VGAS a good diversifier for PLCE?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.38 mean?
A reading of 0.38 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/plce-vs-vgas.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/plce-vs-vgas/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: PLCE correlations · VGAS correlations
