AIN vs EVCM: Correlation
How closely do Albany International Corporation (AIN) and EverCommerce Inc. (EVCM) trade together? Their weekly returns over three years give a correlation of 0.47, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIN and EVCM?
Across a 3-year window, the weekly returns of AIN and EVCM correlate at 0.47, moderate. Recent behaviour matches the longer record: 0.40 over 1 year against 0.47 over 3. Stretching to 5 years gives 0.36, with an annualized covariance of 818.0 %².
By 3-year correlation, EVCM places #13 of the 20 assets tracked against AIN. On 12-month performance AIN holds a 12.5-point edge, -5.6% against -18.1%.
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.
AIN vs EVCM: side by side
| AIN (Albany International Corporation) | EVCM (EverCommerce Inc.) | |
|---|---|---|
| 1-year return | -5.6% | -18.1% |
| 5-year return | -19.2% | -55.5% |
| Volatility (ann.) | 36.2% | 47.9% |
| Beta vs S&P 500 | 1.13 | 0.95 |
| Max drawdown (3Y) | -57.1% | -35.0% |
| Market cap | $1.7B | $1.7B |
| P/E (trailing) | – | 58.4 |
| Dividend yield | 1.88% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIN | EVCM |
|---|---|---|
| 2022 | +12.6% | -52.8% |
| 2023 | +0.7% | +48.3% |
| 2024 | -17.6% | -0.2% |
| 2025 | -35.5% | +10.0% |
| 2026 | +17.9% | -22.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIN and EVCM good diversifiers for each other?
Reasonably. At 0.47, AIN and EVCM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between AIN and EVCM?
The AIN/EVCM correlation stands at 0.47 on a 3-year window (1 year: 0.40, 5 years: 0.36), computed from weekly returns as of 2026-08-27.
Is EVCM a good diversifier for AIN?
Reasonably. At 0.47, AIN and EVCM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.47 mean?
On the −1 to +1 scale, 0.47 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/ain-vs-evcm.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ain-vs-evcm/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AIN correlations · EVCM correlations
