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AUB vs INCY: Correlation

Atlantic Union Bankshares Corporation (AUB) and Incyte (INCY) show a moderate relationship: their 3-year correlation of weekly returns is 0.44.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.44
moderate
Correlation (1Y)
0.42
last 12 months
Correlation (5Y)
0.37
long-run
Ann. covariance
454.4
%² · weekly, annualized

How correlated are AUB and INCY?

On 3 years of weekly data the AUB/INCY correlation comes out at 0.44, moderate. Recent behaviour matches the longer record: 0.42 over 1 year against 0.44 over 3. The 5-year figure is 0.37, and annualized covariance runs at 454.4 %².

Within AUB's tracked universe of 50 assets, INCY comes in at #45 by 3-year correlation. The last year tells two different stories: INCY led by 31.6 percentage points, +19.0% for AUB against +50.6% for INCY.

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 INCY: side by side

AUB (Atlantic Union Bankshares Corporation)INCY (Incyte)
1-year return+19.0%+50.6%
5-year return+33.7%+68.0%
Volatility (ann.)31.5%33.1%
Beta vs S&P 5001.070.45
Max drawdown (3Y)-44.7%-33.8%
Market cap$5.8B$25.9B
P/E (trailing)11.916.3
Dividend yield3.56%0.00%
Sector / categoryUS ListedHealth Care
Lower P/E: AUB 11.9 vs 16.3Higher yield: AUB 3.56% vs 0.00%Smaller drawdown: INCY -33.8% vs -44.7%Higher 5y return: INCY +68.0% vs +33.7%
-9%0%+48%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. AUB · INCY

Year-by-year returns

YearAUBINCY
2022-2.6%+9.4%
2023+8.1%-21.8%
2024+7.5%+10.0%
2025-2.7%+43.0%
2026+18.9%+29.3%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are AUB and INCY good diversifiers for each other?

A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between AUB and INCY?

As of 2026-08-27, the correlation of weekly returns between AUB and INCY is 0.44 over 3 years, 0.42 over 1 year and 0.37 over 5 years.

Is INCY a good diversifier for AUB?

A fair diversifier. At 0.44, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.44 mean?

A reading of 0.44 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/aub-vs-incy.json

AUB vs INCY: 3-year weekly correlation 0.44AUB vs INCY0.44

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Related comparisons

Hubs: AUB correlations · INCY correlations