RVSB vs TPCS: Correlation
Riverview Bancorp Inc (RVSB) and TechPrecision Corporation (TPCS) show a negative relationship: their 3-year correlation of weekly returns is -0.20.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RVSB and TPCS?
On 3 years of weekly data the RVSB/TPCS correlation comes out at -0.20, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.41) than the 3-year average (-0.20). The 5-year figure is -0.14, and annualized covariance runs at -363.6 %².
TPCS is close to the least connected end of RVSB's tracked universe, ranking #10 of 12. Neither side won the trailing year by much: +3.1% against +3.5%. Note the risk asymmetry: TPCS runs 2.8 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.
RVSB vs TPCS: side by side
| RVSB (Riverview Bancorp Inc) | TPCS (TechPrecision Corporation) | |
|---|---|---|
| 1-year return | +3.1% | +3.5% |
| 5-year return | -17.9% | -11.6% |
| Volatility (ann.) | 25.6% | 71.2% |
| Beta vs S&P 500 | 0.17 | 0.74 |
| Max drawdown (3Y) | -42.5% | -71.6% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 1.55% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RVSB | TPCS |
|---|---|---|
| 2022 | +3.2% | +2.0% |
| 2023 | -13.1% | -37.4% |
| 2024 | -7.4% | -29.5% |
| 2025 | -11.3% | +32.3% |
| 2026 | +4.4% | +14.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RVSB and TPCS good diversifiers for each other?
Yes. With a correlation of -0.20, RVSB and TPCS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between RVSB and TPCS?
The RVSB/TPCS correlation stands at -0.20 on a 3-year window (1 year: -0.41, 5 years: -0.14), computed from weekly returns as of 2026-08-27.
Is TPCS a good diversifier for RVSB?
Yes. With a correlation of -0.20, RVSB and TPCS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.20 mean?
On the −1 to +1 scale, -0.20 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/rvsb-vs-tpcs.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/rvsb-vs-tpcs/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: RVSB correlations · TPCS correlations
