ARL vs UMBF: Correlation
Measured on weekly returns over the past three years, American Realty Investors, Inc. (ARL) and UMB Financial Corporation (UMBF) carry a correlation of 0.43, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ARL and UMBF?
Across a 3-year window, the weekly returns of ARL and UMBF correlate at 0.43, moderate. The past 12 months show a weaker link (0.30) than the 3-year average (0.43). Stretching to 5 years gives 0.21, with an annualized covariance of 648.6 %².
Within ARL's tracked universe of 10 assets, UMBF comes in at #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with UMBF ahead by 22.0 points (-2.8% versus +19.2%). Risk is not evenly split, since ARL carries 1.9 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.
ARL vs UMBF: side by side
| ARL (American Realty Investors, Inc.) | UMBF (UMB Financial Corporation) | |
|---|---|---|
| 1-year return | -2.8% | +19.2% |
| 5-year return | +36.2% | +73.4% |
| Volatility (ann.) | 52.7% | 28.4% |
| Beta vs S&P 500 | 0.99 | 1.01 |
| Max drawdown (3Y) | -57.8% | -31.8% |
| Market cap | – | $11.0B |
| P/E (trailing) | 29.4 | 11.9 |
| Dividend yield | 0.00% | 1.18% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ARL | UMBF |
|---|---|---|
| 2022 | +102.8% | -20.0% |
| 2023 | -32.1% | +2.2% |
| 2024 | -15.7% | +37.3% |
| 2025 | +9.4% | +3.4% |
| 2026 | -6.6% | +26.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARL and UMBF good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ARL and UMBF?
As of 2026-08-27, the correlation of weekly returns between ARL and UMBF is 0.43 over 3 years, 0.30 over 1 year and 0.21 over 5 years.
Is UMBF a good diversifier for ARL?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.43 mean?
On the −1 to +1 scale, 0.43 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/arl-vs-umbf.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/arl-vs-umbf/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ARL correlations · UMBF correlations
