PRK vs TSBK: Correlation
Measured on weekly returns over the past three years, Park National Corporation (PRK) and Timberland Bancorp, Inc. (TSBK) carry a correlation of 0.76, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PRK and TSBK?
Across a 3-year window, the weekly returns of PRK and TSBK correlate at 0.76, strong. The past 12 months show a weaker link (0.61) than the 3-year average (0.76). Stretching to 5 years gives 0.63, with an annualized covariance of 549.5 %².
Among the 19 assets we track against PRK, TSBK ranks #9 by 3-year correlation. The last year tells two different stories: TSBK led by 25.5 percentage points, +17.2% for PRK against +42.7% for TSBK.
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.
PRK vs TSBK: side by side
| PRK (Park National Corporation) | TSBK (Timberland Bancorp, Inc.) | |
|---|---|---|
| 1-year return | +17.2% | +42.7% |
| 5-year return | +98.6% | +87.7% |
| Volatility (ann.) | 28.2% | 25.5% |
| Beta vs S&P 500 | 0.78 | 0.58 |
| Max drawdown (3Y) | -30.4% | -22.9% |
| Market cap | $3.6B | $0.4B |
| P/E (trailing) | 17.7 | 11.6 |
| Dividend yield | 2.18% | 2.43% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PRK | TSBK |
|---|---|---|
| 2022 | +6.1% | +27.5% |
| 2023 | -2.0% | -4.8% |
| 2024 | +33.0% | +0.4% |
| 2025 | -8.1% | +21.3% |
| 2026 | +32.6% | +31.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PRK and TSBK good diversifiers for each other?
To a limited degree. At 0.76 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between PRK and TSBK?
Using weekly returns as of 2026-08-27: 0.76 over 3 years, with 0.61 over the last year and 0.63 over 5 years.
Is TSBK a good diversifier for PRK?
To a limited degree. At 0.76 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.76 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/prk-vs-tsbk.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/prk-vs-tsbk/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PRK correlations · TSBK correlations
