AUB vs MYE: Correlation
How closely do Atlantic Union Bankshares Corporation (AUB) and Myers Industries, Inc. (MYE) trade together? Their weekly returns over three years give a correlation of 0.52, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AUB and MYE?
Over the past 3 years, AUB and MYE moved with a correlation of 0.52, which is moderate. The relationship has been stable: the 1-year correlation (0.61) sits close to the 3-year figure. Over 5 years the correlation is 0.47, and the annualized covariance of weekly returns is 649.3 %².
Among the 50 assets we track against AUB, MYE ranks #38 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months MYE outperformed by 82.9 percentage points (+19.0% for AUB against +101.9% for MYE).
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 MYE: side by side
| AUB (Atlantic Union Bankshares Corporation) | MYE (Myers Industries, Inc.) | |
|---|---|---|
| 1-year return | +19.0% | +101.9% |
| 5-year return | +33.7% | +70.0% |
| Volatility (ann.) | 31.5% | 39.3% |
| Beta vs S&P 500 | 1.07 | 0.73 |
| Max drawdown (3Y) | -44.7% | -59.0% |
| Market cap | $5.8B | $1.3B |
| P/E (trailing) | 11.9 | 24.8 |
| Dividend yield | 3.56% | 1.62% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AUB | MYE |
|---|---|---|
| 2022 | -2.6% | +14.0% |
| 2023 | +8.1% | -9.5% |
| 2024 | +7.5% | -41.4% |
| 2025 | -2.7% | +75.7% |
| 2026 | +18.9% | +79.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AUB and MYE good diversifiers for each other?
To a limited degree. At 0.52 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 MYE?
As of 2026-08-27, the correlation of weekly returns between AUB and MYE is 0.52 over 3 years, 0.61 over 1 year and 0.47 over 5 years.
Is MYE a good diversifier for AUB?
To a limited degree. At 0.52 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 0.52 mean?
On the −1 to +1 scale, 0.52 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/aub-vs-mye.json
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Related comparisons
Hubs: AUB correlations · MYE correlations
