PRFX vs QMCO: Correlation
Measured on weekly returns over the past three years, PRF Technologies Ltd. (PRFX) and Quantum Corporation (QMCO) carry a correlation of 0.56, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PRFX and QMCO?
On 3 years of weekly data the PRFX/QMCO correlation comes out at 0.56, moderate. The past 12 months show a weaker link (0.13) than the 3-year average (0.56). The 5-year figure is 0.52, and annualized covariance runs at 32001.3 %².
By 3-year correlation, QMCO places #6 of the 23 assets tracked against PRFX. Their recent paths diverged sharply: over the last 12 months QMCO outperformed by 309.1 percentage points (-87.7% for PRFX against +221.4% for QMCO).
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.
PRFX vs QMCO: side by side
| PRFX (PRF Technologies Ltd.) | QMCO (Quantum Corporation) | |
|---|---|---|
| 1-year return | -87.7% | +221.4% |
| 5-year return | -99.9% | -80.7% |
| Volatility (ann.) | 291.2% | 196.4% |
| Beta vs S&P 500 | 2.46 | 2.45 |
| Max drawdown (3Y) | -99.3% | -93.9% |
| Market cap | – | $0.9B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PRFX | QMCO |
|---|---|---|
| 2022 | -68.9% | -80.3% |
| 2023 | -33.4% | -67.9% |
| 2024 | -79.7% | +670.3% |
| 2025 | -80.9% | -88.0% |
| 2026 | -69.3% | +265.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PRFX and QMCO good diversifiers for each other?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between PRFX and QMCO?
Using weekly returns as of 2026-08-27: 0.56 over 3 years, with 0.13 over the last year and 0.52 over 5 years.
Is QMCO a good diversifier for PRFX?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.56 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/prfx-vs-qmco.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/prfx-vs-qmco/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: PRFX correlations · QMCO correlations
