BRBS vs SRBK: Correlation
How closely do Blue Ridge Bankshares, Inc. (BRBS) and SR Bancorp, Inc. (SRBK) trade together? Their weekly returns over three years give a correlation of 0.37, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRBS and SRBK?
Across a 3-year window, the weekly returns of BRBS and SRBK correlate at 0.37, moderate. Recent behaviour matches the longer record: 0.44 over 1 year against 0.37 over 3. Stretching to 5 years gives n/a, with an annualized covariance of 306.8 %².
Among the 11 assets we track against BRBS, SRBK ranks #5 by 3-year correlation. The trailing year gives SRBK the advantage: +20.9% versus +30.3%, a 9.4-point spread. Note the risk asymmetry: BRBS runs 2.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 SRBK: side by side
| BRBS (Blue Ridge Bankshares, Inc.) | SRBK (SR Bancorp, Inc.) | |
|---|---|---|
| 1-year return | +20.9% | +30.3% |
| 5-year return | -70.4% | n/a |
| Volatility (ann.) | 47.8% | 17.4% |
| Beta vs S&P 500 | 0.73 | 0.36 |
| Max drawdown (3Y) | -74.3% | -13.5% |
| Market cap | $0.3B | $0.1B |
| P/E (trailing) | 43.3 | 44.3 |
| Dividend yield | 0.00% | 1.08% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BRBS | SRBK |
|---|---|---|
| 2022 | -27.9% | – |
| 2023 | -75.2% | – |
| 2024 | +6.3% | +24.6% |
| 2025 | +40.1% | +34.1% |
| 2026 | +6.6% | +24.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRBS and SRBK good diversifiers for each other?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BRBS and SRBK?
As of 2026-08-27, the correlation of weekly returns between BRBS and SRBK is 0.37 over 3 years, 0.44 over 1 year and n/a over 5 years.
Is SRBK a good diversifier for BRBS?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.37 mean?
A reading of 0.37 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-srbk.json
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[](https://www.pairbook.io/pair/brbs-vs-srbk/)
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Related comparisons
Hubs: BRBS correlations · SRBK correlations
