AKA vs RBKB: Correlation
a.k.a. Brands Holding Corp. (AKA) and Rhinebeck Bancorp, Inc. (RBKB) show a negative relationship: their 3-year correlation of weekly returns is -0.24.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AKA and RBKB?
Over the past 3 years, AKA and RBKB moved with a correlation of -0.24, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.21 lands near the 3-year figure. Over 5 years the correlation is -0.12, and the annualized covariance of weekly returns is -769.3 %².
Out of 11 assets tracked against AKA, RBKB lands near the bottom at #9. Their recent paths diverged sharply: over the last 12 months RBKB outperformed by 37.8 percentage points (-6.3% for AKA against +31.5% for RBKB). Note the risk asymmetry: AKA runs 3.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
AKA vs RBKB: side by side
| AKA (a.k.a. Brands Holding Corp.) | RBKB (Rhinebeck Bancorp, Inc.) | |
|---|---|---|
| 1-year return | -6.3% | +31.5% |
| 5-year return | -91.2% | +64.9% |
| Volatility (ann.) | 108.8% | 29.5% |
| Beta vs S&P 500 | 1.32 | 0.08 |
| Max drawdown (3Y) | -76.3% | -30.0% |
| Market cap | $0.1B | $0.2B |
| P/E (trailing) | – | 14.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AKA | RBKB |
|---|---|---|
| 2022 | -86.3% | -14.5% |
| 2023 | -47.2% | -11.6% |
| 2024 | +132.5% | +20.1% |
| 2025 | -42.8% | +24.3% |
| 2026 | -1.3% | +46.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AKA and RBKB good diversifiers for each other?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
FAQ
What is the correlation between AKA and RBKB?
As of 2026-08-27, the correlation of weekly returns between AKA and RBKB is -0.24 over 3 years, -0.21 over 1 year and -0.12 over 5 years.
Is RBKB a good diversifier for AKA?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
What does a correlation of -0.24 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aka-vs-rbkb.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aka-vs-rbkb/)
No key needed, free to use. Full endpoint list in the API documentation.
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Hubs: AKA correlations · RBKB correlations