AGIG vs ISBA: Correlation
Abundia Global Impact Group Inc. (AGIG) and Isabella Bank Corporation (ISBA) show a weak relationship: their 3-year correlation of weekly returns is 0.29.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGIG and ISBA?
Across a 3-year window, the weekly returns of AGIG and ISBA correlate at 0.29, weak. The past 12 months show a weaker link (-0.07) than the 3-year average (0.29). Stretching to 5 years gives 0.17, with an annualized covariance of 1536.0 %².
Within AGIG's tracked universe of 34 assets, ISBA comes in at #12 by 3-year correlation. Correlation aside, the last 12 months split them widely, with ISBA ahead by 105.1 points (-88.7% versus +16.4%). Risk is not evenly split, since AGIG carries 4.7 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.
AGIG vs ISBA: side by side
| AGIG (Abundia Global Impact Group Inc.) | ISBA (Isabella Bank Corporation) | |
|---|---|---|
| 1-year return | -88.7% | +16.4% |
| 5-year return | -94.6% | +104.9% |
| Volatility (ann.) | 157.1% | 33.3% |
| Beta vs S&P 500 | -0.21 | 0.05 |
| Max drawdown (3Y) | -96.7% | -34.1% |
| Market cap | – | $0.3B |
| P/E (trailing) | – | 14.2 |
| Dividend yield | 0.00% | 2.91% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AGIG | ISBA |
|---|---|---|
| 2022 | +140.6% | -3.5% |
| 2023 | -48.0% | -3.5% |
| 2024 | -27.9% | +27.7% |
| 2025 | -84.7% | +99.1% |
| 2026 | -51.0% | -21.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGIG and ISBA good diversifiers for each other?
A fair diversifier. At 0.29, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between AGIG and ISBA?
Using weekly returns as of 2026-08-27: 0.29 over 3 years, with -0.07 over the last year and 0.17 over 5 years.
Is ISBA a good diversifier for AGIG?
A fair diversifier. At 0.29, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.29 mean?
On the −1 to +1 scale, 0.29 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/agig-vs-isba.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/agig-vs-isba/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AGIG correlations · ISBA correlations
