AUB vs ORRF: Correlation
Measured on weekly returns over the past three years, Atlantic Union Bankshares Corporation (AUB) and Orrstown Financial Services, Inc. (ORRF) carry a correlation of 0.84, a very strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AUB and ORRF?
Across a 3-year window, the weekly returns of AUB and ORRF correlate at 0.84, very strong, meaning they move nearly in lockstep. The relationship has been stable: the 1-year correlation (0.84) sits close to the 3-year figure. Stretching to 5 years gives 0.71, with an annualized covariance of 756.2 %².
Within AUB's tracked universe of 50 assets, ORRF comes in at #17 by 3-year correlation. The trailing year gives ORRF the advantage: +19.0% versus +24.6%, a 5.6-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 ORRF: side by side
| AUB (Atlantic Union Bankshares Corporation) | ORRF (Orrstown Financial Services, Inc.) | |
|---|---|---|
| 1-year return | +19.0% | +24.6% |
| 5-year return | +33.7% | +111.1% |
| Volatility (ann.) | 31.5% | 28.5% |
| Beta vs S&P 500 | 1.07 | 0.84 |
| Max drawdown (3Y) | -44.7% | -35.9% |
| Market cap | $5.8B | $0.8B |
| P/E (trailing) | 11.9 | 9.5 |
| Dividend yield | 3.56% | 2.70% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AUB | ORRF |
|---|---|---|
| 2022 | -2.6% | -5.3% |
| 2023 | +8.1% | +32.3% |
| 2024 | +7.5% | +27.7% |
| 2025 | -2.7% | -0.0% |
| 2026 | +18.9% | +21.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AUB and ORRF good diversifiers for each other?
No: a correlation of 0.84 means AUB and ORRF tend to fall together, which is precisely when diversification is supposed to help.
FAQ
What is the correlation between AUB and ORRF?
As of 2026-08-27, the correlation of weekly returns between AUB and ORRF is 0.84 over 3 years, 0.84 over 1 year and 0.71 over 5 years.
Is ORRF a good diversifier for AUB?
No: a correlation of 0.84 means AUB and ORRF tend to fall together, which is precisely when diversification is supposed to help.
What does a correlation of 0.84 mean?
On the −1 to +1 scale, 0.84 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-orrf.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aub-vs-orrf/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AUB correlations · ORRF correlations
