BRBS vs ICU: Correlation
Measured on weekly returns over the past three years, Blue Ridge Bankshares, Inc. (BRBS) and SeaStar Medical Holding Corporation (ICU) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRBS and ICU?
Across a 3-year window, the weekly returns of BRBS and ICU correlate at -0.22, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.16) than the 3-year average (-0.22). Stretching to 5 years gives -0.17, with an annualized covariance of -1654.4 %².
Out of 11 assets tracked against BRBS, ICU lands near the bottom at #10. Their recent paths diverged sharply: over the last 12 months BRBS outperformed by 84.3 percentage points (+20.9% for BRBS against -63.4% for ICU). Risk is not evenly split, since ICU carries 3.3 times the volatility of the other side.
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.
BRBS vs ICU: side by side
| BRBS (Blue Ridge Bankshares, Inc.) | ICU (SeaStar Medical Holding Corporation) | |
|---|---|---|
| 1-year return | +20.9% | -63.4% |
| 5-year return | -70.4% | -99.9% |
| Volatility (ann.) | 47.8% | 156.9% |
| Beta vs S&P 500 | 0.73 | 0.82 |
| Max drawdown (3Y) | -74.3% | -99.4% |
| Market cap | $0.3B | – |
| P/E (trailing) | 43.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BRBS | ICU |
|---|---|---|
| 2022 | -27.9% | -59.2% |
| 2023 | -75.2% | -89.2% |
| 2024 | +6.3% | -82.5% |
| 2025 | +40.1% | -87.6% |
| 2026 | +6.6% | +29.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRBS and ICU good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BRBS and ICU?
As of 2026-08-27, the correlation of weekly returns between BRBS and ICU is -0.22 over 3 years, 0.16 over 1 year and -0.17 over 5 years.
Is ICU a good diversifier for BRBS?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 mean?
A reading of -0.22 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/brbs-vs-icu.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/brbs-vs-icu/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BRBS correlations · ICU correlations
