ABCB vs XMTR: Correlation
Measured on weekly returns over the past three years, Ameris Bancorp (ABCB) and Xometry, Inc. (XMTR) carry a correlation of 0.50, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABCB and XMTR?
On 3 years of weekly data the ABCB/XMTR correlation comes out at 0.50, moderate. The relationship has been stable: the 1-year correlation (0.42) sits close to the 3-year figure. The 5-year figure is 0.38, and annualized covariance runs at 1238.7 %².
By 3-year correlation, XMTR places #41 of the 49 assets tracked against ABCB. Their recent paths diverged sharply: over the last 12 months XMTR outperformed by 86.0 percentage points (+16.9% for ABCB against +102.9% for XMTR). Risk is not evenly split, since XMTR carries 2.8 times the volatility of the other side.
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 XMTR: side by side
| ABCB (Ameris Bancorp) | XMTR (Xometry, Inc.) | |
|---|---|---|
| 1-year return | +16.9% | +102.9% |
| 5-year return | +86.9% | +31.7% |
| Volatility (ann.) | 29.7% | 83.8% |
| Beta vs S&P 500 | 1.06 | 2.60 |
| Max drawdown (3Y) | -29.5% | -70.4% |
| Market cap | $5.7B | $5.5B |
| P/E (trailing) | 15.5 | – |
| Dividend yield | 0.93% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ABCB | XMTR |
|---|---|---|
| 2022 | -3.8% | -37.1% |
| 2023 | +14.3% | +11.4% |
| 2024 | +19.4% | +18.8% |
| 2025 | +20.1% | +39.4% |
| 2026 | +15.5% | +61.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABCB and XMTR good diversifiers for each other?
Only partially. A correlation of 0.50 means ABCB and XMTR share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between ABCB and XMTR?
As of 2026-08-27, the correlation of weekly returns between ABCB and XMTR is 0.50 over 3 years, 0.42 over 1 year and 0.38 over 5 years.
Is XMTR a good diversifier for ABCB?
Only partially. A correlation of 0.50 means ABCB and XMTR share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.50 mean?
A reading of 0.50 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-xmtr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/abcb-vs-xmtr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ABCB correlations · XMTR correlations
