ABCB vs INCY: Correlation
How closely do Ameris Bancorp (ABCB) and Incyte (INCY) trade together? Their weekly returns over three years give a correlation of 0.44, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABCB and INCY?
Across a 3-year window, the weekly returns of ABCB and INCY correlate at 0.44, moderate. Recent behaviour matches the longer record: 0.42 over 1 year against 0.44 over 3. Stretching to 5 years gives 0.30, with an annualized covariance of 431.4 %².
By 3-year correlation, INCY places #44 of the 49 assets tracked against ABCB. The last year tells two different stories: INCY led by 33.7 percentage points, +16.9% for ABCB against +50.6% for INCY.
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.
ABCB vs INCY: side by side
| ABCB (Ameris Bancorp) | INCY (Incyte) | |
|---|---|---|
| 1-year return | +16.9% | +50.6% |
| 5-year return | +86.9% | +68.0% |
| Volatility (ann.) | 29.7% | 33.1% |
| Beta vs S&P 500 | 1.06 | 0.45 |
| Max drawdown (3Y) | -29.5% | -33.8% |
| Market cap | $5.7B | $25.9B |
| P/E (trailing) | 15.5 | 16.3 |
| Dividend yield | 0.93% | 0.00% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | ABCB | INCY |
|---|---|---|
| 2022 | -3.8% | +9.4% |
| 2023 | +14.3% | -21.8% |
| 2024 | +19.4% | +10.0% |
| 2025 | +20.1% | +43.0% |
| 2026 | +15.5% | +29.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABCB and INCY good diversifiers for each other?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ABCB and INCY?
As of 2026-08-27, the correlation of weekly returns between ABCB and INCY is 0.44 over 3 years, 0.42 over 1 year and 0.30 over 5 years.
Is INCY a good diversifier for ABCB?
A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.44 mean?
On the −1 to +1 scale, 0.44 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/abcb-vs-incy.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/abcb-vs-incy/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ABCB correlations · INCY correlations
