AUB vs MIRM: Correlation
Measured on weekly returns over the past three years, Atlantic Union Bankshares Corporation (AUB) and Mirum Pharmaceuticals, Inc. (MIRM) carry a correlation of 0.42, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AUB and MIRM?
On 3 years of weekly data the AUB/MIRM correlation comes out at 0.42, moderate. The past 12 months show a weaker link (0.31) than the 3-year average (0.42). The 5-year figure is 0.31, and annualized covariance runs at 568.2 %².
MIRM is close to the least connected end of AUB's tracked universe, ranking #46 of 50. Over the last 12 months MIRM came out ahead by 14.6 percentage points (+19.0% against +33.6%).
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 MIRM: side by side
| AUB (Atlantic Union Bankshares Corporation) | MIRM (Mirum Pharmaceuticals, Inc.) | |
|---|---|---|
| 1-year return | +19.0% | +33.6% |
| 5-year return | +33.7% | +522.7% |
| Volatility (ann.) | 31.5% | 43.0% |
| Beta vs S&P 500 | 1.07 | 0.73 |
| Max drawdown (3Y) | -44.7% | -32.5% |
| Market cap | $5.8B | $6.1B |
| P/E (trailing) | 11.9 | – |
| Dividend yield | 3.56% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AUB | MIRM |
|---|---|---|
| 2022 | -2.6% | +22.3% |
| 2023 | +8.1% | +51.4% |
| 2024 | +7.5% | +40.1% |
| 2025 | -2.7% | +91.0% |
| 2026 | +18.9% | +26.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AUB and MIRM good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AUB and MIRM?
The AUB/MIRM correlation stands at 0.42 on a 3-year window (1 year: 0.31, 5 years: 0.31), computed from weekly returns as of 2026-08-27.
Is MIRM a good diversifier for AUB?
Yes, to a useful degree: a correlation of 0.42 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.42 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aub-vs-mirm.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aub-vs-mirm/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AUB correlations · MIRM correlations
