PMTS vs RC: Correlation
Measured on weekly returns over the past three years, CPI Card Group Inc. (PMTS) and Ready Capital Corporation (RC) carry a correlation of 0.47, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PMTS and RC?
Across a 3-year window, the weekly returns of PMTS and RC correlate at 0.47, moderate. The relationship has been stable: the 1-year correlation (0.53) sits close to the 3-year figure. Stretching to 5 years gives 0.34, with an annualized covariance of 1176.3 %².
Few assets follow PMTS as closely as RC, which ranks #3 of 12 tracked partners. The last year tells two different stories: PMTS led by 140.5 percentage points, +86.5% for PMTS against -54.0% for RC. Risk is not evenly split, since PMTS carries 1.7 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.
PMTS vs RC: side by side
| PMTS (CPI Card Group Inc.) | RC (Ready Capital Corporation) | |
|---|---|---|
| 1-year return | +86.5% | -54.0% |
| 5-year return | +3.4% | -78.5% |
| Volatility (ann.) | 65.4% | 38.3% |
| Beta vs S&P 500 | 1.51 | 1.11 |
| Max drawdown (3Y) | -67.1% | -83.7% |
| Market cap | $0.3B | $0.3B |
| P/E (trailing) | 25.2 | – |
| Dividend yield | 0.00% | 8.42% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PMTS | RC |
|---|---|---|
| 2022 | +94.5% | -18.3% |
| 2023 | -46.8% | +5.9% |
| 2024 | +55.8% | -23.5% |
| 2025 | -50.9% | -65.0% |
| 2026 | +97.2% | -14.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PMTS and RC good diversifiers for each other?
Reasonably. At 0.47, PMTS and RC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between PMTS and RC?
Using weekly returns as of 2026-08-27: 0.47 over 3 years, with 0.53 over the last year and 0.34 over 5 years.
Is RC a good diversifier for PMTS?
Reasonably. At 0.47, PMTS and RC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.47 mean?
On the −1 to +1 scale, 0.47 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/pmts-vs-rc.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/pmts-vs-rc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PMTS correlations · RC correlations
