BHB vs SAMG: Correlation
Bar Harbor Bankshares, Inc. (BHB) and Silvercrest Asset Management Group Inc. (SAMG) show a moderate relationship: their 3-year correlation of weekly returns is 0.58.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BHB and SAMG?
On 3 years of weekly data the BHB/SAMG correlation comes out at 0.58, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.43 versus 0.58 over 3 years. The 5-year figure is 0.52, and annualized covariance runs at 448.2 %².
Among the 21 assets we track against BHB, SAMG ranks #13 by 3-year correlation. The last year tells two different stories: BHB led by 61.8 percentage points, +26.2% for BHB against -35.6% for SAMG.
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.
BHB vs SAMG: side by side
| BHB (Bar Harbor Bankshares, Inc.) | SAMG (Silvercrest Asset Management Group Inc.) | |
|---|---|---|
| 1-year return | +26.2% | -35.6% |
| 5-year return | +75.3% | -20.3% |
| Volatility (ann.) | 28.3% | 27.4% |
| Beta vs S&P 500 | 0.67 | 0.75 |
| Max drawdown (3Y) | -27.1% | -44.1% |
| Market cap | $0.7B | $0.1B |
| P/E (trailing) | 13.3 | 72.3 |
| Dividend yield | 3.31% | 4.21% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BHB | SAMG |
|---|---|---|
| 2022 | +14.8% | +13.6% |
| 2023 | -4.5% | -5.7% |
| 2024 | +8.6% | +13.3% |
| 2025 | +5.7% | -13.0% |
| 2026 | +29.9% | -31.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BHB and SAMG good diversifiers for each other?
Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between BHB and SAMG?
Using weekly returns as of 2026-08-27: 0.58 over 3 years, with 0.43 over the last year and 0.52 over 5 years.
Is SAMG a good diversifier for BHB?
Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.58 mean?
On the −1 to +1 scale, 0.58 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/bhb-vs-samg.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bhb-vs-samg/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BHB correlations · SAMG correlations
