AUB vs CFFI: Correlation
Measured on weekly returns over the past three years, Atlantic Union Bankshares Corporation (AUB) and C&F Financial Corporation (CFFI) carry a correlation of 0.64, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AUB and CFFI?
On 3 years of weekly data the AUB/CFFI correlation comes out at 0.64, strong. The link has loosened recently: the 1-year correlation (0.53) runs below the 3-year figure (0.64). The 5-year figure is 0.53, and annualized covariance runs at 741.0 %².
Within AUB's tracked universe of 50 assets, CFFI comes in at #30 by 3-year correlation. The trailing year gives CFFI the advantage: +19.0% versus +29.7%, a 10.7-point spread.
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.
AUB vs CFFI: side by side
| AUB (Atlantic Union Bankshares Corporation) | CFFI (C&F Financial Corporation) | |
|---|---|---|
| 1-year return | +19.0% | +29.7% |
| 5-year return | +33.7% | +96.2% |
| Volatility (ann.) | 31.5% | 36.7% |
| Beta vs S&P 500 | 1.07 | 0.73 |
| Max drawdown (3Y) | -44.7% | -50.7% |
| Market cap | $5.8B | $0.3B |
| P/E (trailing) | 11.9 | 10.1 |
| Dividend yield | 3.56% | 2.05% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AUB | CFFI |
|---|---|---|
| 2022 | -2.6% | +17.5% |
| 2023 | +8.1% | +20.7% |
| 2024 | +7.5% | +7.8% |
| 2025 | -2.7% | +4.6% |
| 2026 | +18.9% | +26.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AUB and CFFI good diversifiers for each other?
Somewhat, no more. With 0.64 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between AUB and CFFI?
As of 2026-08-27, the correlation of weekly returns between AUB and CFFI is 0.64 over 3 years, 0.53 over 1 year and 0.53 over 5 years.
Is CFFI a good diversifier for AUB?
Somewhat, no more. With 0.64 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.64 mean?
A reading of 0.64 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aub-vs-cffi.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aub-vs-cffi/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AUB correlations · CFFI correlations
