BSRR vs THFF: Correlation
Sierra Bancorp (BSRR) and First Financial Corporation (THFF) show a very strong relationship: their 3-year correlation of weekly returns is 0.83.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BSRR and THFF?
Across a 3-year window, the weekly returns of BSRR and THFF correlate at 0.83, very strong, meaning they move nearly in lockstep. The link has loosened recently: the 1-year correlation (0.72) runs below the 3-year figure (0.83). Stretching to 5 years gives 0.79, with an annualized covariance of 743.4 %².
By 3-year correlation, THFF places #4 of the 14 assets tracked against BSRR. Over the last 12 months THFF came out ahead by 6.2 percentage points (+32.6% against +38.8%).
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 THFF: side by side
| BSRR (Sierra Bancorp) | THFF (First Financial Corporation) | |
|---|---|---|
| 1-year return | +32.6% | +38.8% |
| 5-year return | +91.2% | +135.2% |
| Volatility (ann.) | 31.7% | 28.2% |
| Beta vs S&P 500 | 0.83 | 0.81 |
| Max drawdown (3Y) | -29.1% | -20.2% |
| Market cap | $0.5B | $0.9B |
| P/E (trailing) | 11.7 | 11.1 |
| Dividend yield | 2.63% | 2.77% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BSRR | THFF |
|---|---|---|
| 2022 | -18.6% | +4.4% |
| 2023 | +11.5% | -2.6% |
| 2024 | +33.3% | +11.1% |
| 2025 | +17.0% | +36.2% |
| 2026 | +24.4% | +35.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BSRR and THFF good diversifiers for each other?
Not really. At 0.83, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between BSRR and THFF?
Using weekly returns as of 2026-08-27: 0.83 over 3 years, with 0.72 over the last year and 0.79 over 5 years.
Is THFF a good diversifier for BSRR?
Not really. At 0.83, the two trade almost as one position, and owning both buys little extra protection.
What does a correlation of 0.83 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-thff.json
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Related comparisons
Hubs: BSRR correlations · THFF correlations
