ABCB vs WD: Correlation
Ameris Bancorp (ABCB) and Walker & Dunlop, Inc (WD) show a strong relationship: their 3-year correlation of weekly returns is 0.68.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABCB and WD?
Over the past 3 years, ABCB and WD moved with a correlation of 0.68, which is strong. Recent behaviour matches the longer record: 0.59 over 1 year against 0.68 over 3. Over 5 years the correlation is 0.62, and the annualized covariance of weekly returns is 775.8 %².
By 3-year correlation, WD places #35 of the 49 assets tracked against ABCB. Their recent paths diverged sharply: over the last 12 months ABCB outperformed by 67.9 percentage points (+16.9% for ABCB against -51.0% for WD).
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 WD: side by side
| ABCB (Ameris Bancorp) | WD (Walker & Dunlop, Inc) | |
|---|---|---|
| 1-year return | +16.9% | -51.0% |
| 5-year return | +86.9% | -53.5% |
| Volatility (ann.) | 29.7% | 38.5% |
| Beta vs S&P 500 | 1.06 | 1.12 |
| Max drawdown (3Y) | -29.5% | -63.4% |
| Market cap | $5.7B | $1.4B |
| P/E (trailing) | 15.5 | 36.0 |
| Dividend yield | 0.93% | 6.70% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ABCB | WD |
|---|---|---|
| 2022 | -3.8% | -46.8% |
| 2023 | +14.3% | +46.0% |
| 2024 | +19.4% | -10.1% |
| 2025 | +20.1% | -35.9% |
| 2026 | +15.5% | -29.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABCB and WD good diversifiers for each other?
Somewhat, no more. With 0.68 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ABCB and WD?
As of 2026-08-27, the correlation of weekly returns between ABCB and WD is 0.68 over 3 years, 0.59 over 1 year and 0.62 over 5 years.
Is WD a good diversifier for ABCB?
Somewhat, no more. With 0.68 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.68 mean?
A reading of 0.68 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/abcb-vs-wd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/abcb-vs-wd/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ABCB correlations · WD correlations
