AOMR vs RMBI: Correlation
Angel Oak Mortgage REIT, Inc. (AOMR) and Richmond Mutual Bancorporation, Inc. (RMBI) show a moderate relationship: their 3-year correlation of weekly returns is 0.49.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AOMR and RMBI?
On 3 years of weekly data the AOMR/RMBI correlation comes out at 0.49, moderate. The link has tightened recently: the 1-year correlation (0.61) runs above the 3-year figure (0.49). The 5-year figure is 0.30, and annualized covariance runs at 348.9 %².
Among the 13 assets we track against AOMR, RMBI ranks #6 by 3-year correlation. Over the last 12 months RMBI came out ahead by 13.7 percentage points (+0.9% against +14.6%).
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.
AOMR vs RMBI: side by side
| AOMR (Angel Oak Mortgage REIT, Inc.) | RMBI (Richmond Mutual Bancorporation, Inc.) | |
|---|---|---|
| 1-year return | +0.9% | +14.6% |
| 5-year return | -9.4% | +24.6% |
| Volatility (ann.) | 28.0% | 25.3% |
| Beta vs S&P 500 | 0.54 | 0.34 |
| Max drawdown (3Y) | -37.2% | -20.8% |
| Market cap | $0.2B | $0.3B |
| P/E (trailing) | 11.3 | 13.1 |
| Dividend yield | 15.31% | 3.78% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AOMR | RMBI |
|---|---|---|
| 2022 | -67.3% | -16.7% |
| 2023 | +159.9% | -7.2% |
| 2024 | -1.9% | +28.6% |
| 2025 | +6.2% | +3.7% |
| 2026 | +8.9% | +16.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AOMR and RMBI good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AOMR and RMBI?
As of 2026-08-27, the correlation of weekly returns between AOMR and RMBI is 0.49 over 3 years, 0.61 over 1 year and 0.30 over 5 years.
Is RMBI a good diversifier for AOMR?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.49 mean?
On the −1 to +1 scale, 0.49 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/aomr-vs-rmbi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aomr-vs-rmbi/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AOMR correlations · RMBI correlations
