AUB vs IPAR: Correlation
Atlantic Union Bankshares Corporation (AUB) and Interparfums, Inc. (IPAR) show a moderate relationship: their 3-year correlation of weekly returns is 0.54.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AUB and IPAR?
On 3 years of weekly data the AUB/IPAR correlation comes out at 0.54, moderate. Little has changed lately, as the 1-year reading of 0.56 lands near the 3-year figure. The 5-year figure is 0.43, and annualized covariance runs at 541.2 %².
By 3-year correlation, IPAR places #35 of the 50 assets tracked against AUB. Over the last 12 months AUB came out ahead by 14.5 percentage points (+19.0% against +4.5%).
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 IPAR: side by side
| AUB (Atlantic Union Bankshares Corporation) | IPAR (Interparfums, Inc.) | |
|---|---|---|
| 1-year return | +19.0% | +4.5% |
| 5-year return | +33.7% | +80.2% |
| Volatility (ann.) | 31.5% | 32.0% |
| Beta vs S&P 500 | 1.07 | 0.75 |
| Max drawdown (3Y) | -44.7% | -46.4% |
| Market cap | $5.8B | $3.8B |
| P/E (trailing) | 11.9 | 22.4 |
| Dividend yield | 3.56% | 2.74% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AUB | IPAR |
|---|---|---|
| 2022 | -2.6% | -7.4% |
| 2023 | +8.1% | +52.0% |
| 2024 | +7.5% | -6.5% |
| 2025 | -2.7% | -33.6% |
| 2026 | +18.9% | +40.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AUB and IPAR good diversifiers for each other?
To a limited degree. At 0.54 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between AUB and IPAR?
The AUB/IPAR correlation stands at 0.54 on a 3-year window (1 year: 0.56, 5 years: 0.43), computed from weekly returns as of 2026-08-27.
Is IPAR a good diversifier for AUB?
To a limited degree. At 0.54 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.54 mean?
A reading of 0.54 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-ipar.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aub-vs-ipar/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AUB correlations · IPAR correlations
