BAFN vs STLA: Correlation
BayFirst Financial Corp. (BAFN) and Stellantis N.V. (STLA) show a moderate relationship: their 3-year correlation of weekly returns is 0.41.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BAFN and STLA?
Across a 3-year window, the weekly returns of BAFN and STLA correlate at 0.41, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.55 versus 0.41 over 3 years. Stretching to 5 years gives 0.29, with an annualized covariance of 870.8 %².
Few assets follow BAFN as closely as STLA, which ranks #1 of 10 tracked partners. The last year tells two different stories: BAFN led by 16.4 percentage points, -28.1% for BAFN against -44.5% for STLA.
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.
BAFN vs STLA: side by side
| BAFN (BayFirst Financial Corp.) | STLA (Stellantis N.V.) | |
|---|---|---|
| 1-year return | -28.1% | -44.5% |
| 5-year return | -70.9% | -63.8% |
| Volatility (ann.) | 47.9% | 44.7% |
| Beta vs S&P 500 | 0.67 | 1.33 |
| Max drawdown (3Y) | -76.5% | -80.0% |
| Market cap | $0.2B | $19.9B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BAFN | STLA |
|---|---|---|
| 2022 | -25.3% | -18.2% |
| 2023 | -20.2% | +79.2% |
| 2024 | +4.6% | -40.2% |
| 2025 | -40.4% | -9.2% |
| 2026 | -14.2% | -51.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BAFN and STLA good diversifiers for each other?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BAFN and STLA?
Using weekly returns as of 2026-08-27: 0.41 over 3 years, with 0.55 over the last year and 0.29 over 5 years.
Is STLA a good diversifier for BAFN?
A fair diversifier. At 0.41, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.41 mean?
On the −1 to +1 scale, 0.41 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/bafn-vs-stla.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bafn-vs-stla/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BAFN correlations · STLA correlations
