BSRR vs FFBC: Correlation
Measured on weekly returns over the past three years, Sierra Bancorp (BSRR) and First Financial Bancorp. (FFBC) carry a correlation of 0.84, a very strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BSRR and FFBC?
On 3 years of weekly data the BSRR/FFBC correlation comes out at 0.84, very strong, meaning they move nearly in lockstep. Lately the two have drifted apart, with the 1-year correlation at 0.71 versus 0.84 over 3 years. The 5-year figure is 0.75, and annualized covariance runs at 741.9 %².
Few assets follow BSRR as closely as FFBC, which ranks #1 of 14 tracked partners. The trailing year gives BSRR the advantage: +32.6% versus +26.7%, a 5.9-point spread.
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.
BSRR vs FFBC: side by side
| BSRR (Sierra Bancorp) | FFBC (First Financial Bancorp.) | |
|---|---|---|
| 1-year return | +32.6% | +26.7% |
| 5-year return | +91.2% | +69.6% |
| Volatility (ann.) | 31.7% | 28.0% |
| Beta vs S&P 500 | 0.83 | 0.81 |
| Max drawdown (3Y) | -29.1% | -26.1% |
| Market cap | $0.5B | $3.4B |
| P/E (trailing) | 11.7 | 11.6 |
| Dividend yield | 2.63% | 3.05% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BSRR | FFBC |
|---|---|---|
| 2022 | -18.6% | +3.4% |
| 2023 | +11.5% | +2.4% |
| 2024 | +33.3% | +17.6% |
| 2025 | +17.0% | -3.3% |
| 2026 | +24.4% | +33.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BSRR and FFBC good diversifiers for each other?
Not really. At 0.84, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between BSRR and FFBC?
As of 2026-08-27, the correlation of weekly returns between BSRR and FFBC is 0.84 over 3 years, 0.71 over 1 year and 0.75 over 5 years.
Is FFBC a good diversifier for BSRR?
Not really. At 0.84, the two trade almost as one position, and owning both buys little extra protection.
What does a correlation of 0.84 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/bsrr-vs-ffbc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bsrr-vs-ffbc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BSRR correlations · FFBC correlations
