BHB vs SEVN: Correlation
Bar Harbor Bankshares, Inc. (BHB) and Seven Hills Realty Trust (SEVN) show a moderate relationship: their 3-year correlation of weekly returns is 0.56.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BHB and SEVN?
Across a 3-year window, the weekly returns of BHB and SEVN correlate at 0.56, moderate. Little has changed lately, as the 1-year reading of 0.64 lands near the 3-year figure. Stretching to 5 years gives 0.40, with an annualized covariance of 418.7 %².
Within BHB's tracked universe of 21 assets, SEVN comes in at #14 by 3-year correlation. The last year tells two different stories: BHB led by 46.9 percentage points, +26.2% for BHB against -20.7% for SEVN.
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 SEVN: side by side
| BHB (Bar Harbor Bankshares, Inc.) | SEVN (Seven Hills Realty Trust) | |
|---|---|---|
| 1-year return | +26.2% | -20.7% |
| 5-year return | +75.3% | +17.9% |
| Volatility (ann.) | 28.3% | 26.6% |
| Beta vs S&P 500 | 0.67 | 0.53 |
| Max drawdown (3Y) | -27.1% | -34.7% |
| Market cap | $0.7B | $0.2B |
| P/E (trailing) | 13.3 | 11.2 |
| Dividend yield | 3.31% | 14.70% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BHB | SEVN |
|---|---|---|
| 2022 | +14.8% | -3.8% |
| 2023 | -4.5% | +61.8% |
| 2024 | +8.6% | +12.1% |
| 2025 | +5.7% | -24.3% |
| 2026 | +29.9% | -5.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BHB and SEVN good diversifiers for each other?
Only partially. A correlation of 0.56 means BHB and SEVN share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between BHB and SEVN?
As of 2026-08-27, the correlation of weekly returns between BHB and SEVN is 0.56 over 3 years, 0.64 over 1 year and 0.40 over 5 years.
Is SEVN a good diversifier for BHB?
Only partially. A correlation of 0.56 means BHB and SEVN share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.56 mean?
On the −1 to +1 scale, 0.56 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-sevn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bhb-vs-sevn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BHB correlations · SEVN correlations