AORT vs FSEA: Correlation
Measured on weekly returns over the past three years, Artivion, Inc. (AORT) and First Seacoast Bancorp, Inc. (FSEA) carry a correlation of -0.33, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AORT and FSEA?
Over the past 3 years, AORT and FSEA moved with a correlation of -0.33, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.63 versus -0.33 over 3 years. Over 5 years the correlation is -0.21, and the annualized covariance of weekly returns is -519.1 %².
Among the 15 assets we track against AORT, FSEA sits near the bottom by co-movement, at rank #14. Correlation aside, the last 12 months split them widely, with FSEA ahead by 87.9 points (-39.0% versus +48.9%).
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.
AORT vs FSEA: side by side
| AORT (Artivion, Inc.) | FSEA (First Seacoast Bancorp, Inc.) | |
|---|---|---|
| 1-year return | -39.0% | +48.9% |
| 5-year return | +3.6% | +44.2% |
| Volatility (ann.) | 47.1% | 33.2% |
| Beta vs S&P 500 | 0.88 | 0.19 |
| Max drawdown (3Y) | -57.8% | -21.5% |
| Market cap | $1.3B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AORT | FSEA |
|---|---|---|
| 2022 | -40.4% | -10.5% |
| 2023 | +47.5% | -32.7% |
| 2024 | +59.9% | +30.6% |
| 2025 | +59.5% | +31.5% |
| 2026 | -41.5% | +29.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AORT and FSEA good diversifiers for each other?
Yes. With a correlation of -0.33, AORT and FSEA have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between AORT and FSEA?
The AORT/FSEA correlation stands at -0.33 on a 3-year window (1 year: -0.63, 5 years: -0.21), computed from weekly returns as of 2026-08-27.
Is FSEA a good diversifier for AORT?
Yes. With a correlation of -0.33, AORT and FSEA have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.33 mean?
On the −1 to +1 scale, -0.33 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/aort-vs-fsea.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aort-vs-fsea/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AORT correlations · FSEA correlations
