BVFL vs ORRF: Correlation
BV Financial, Inc. (BVFL) and Orrstown Financial Services, Inc. (ORRF) show a strong relationship: their 3-year correlation of weekly returns is 0.60.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BVFL and ORRF?
Across a 3-year window, the weekly returns of BVFL and ORRF correlate at 0.60, strong. Recent behaviour matches the longer record: 0.54 over 1 year against 0.60 over 3. Stretching to 5 years gives 0.42, with an annualized covariance of 405.5 %².
ORRF is one of the assets that tracks BVFL most closely: it ranks #1 out of the 11 assets we track against BVFL. Neither side won the trailing year by much: +27.5% against +24.6%.
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.
BVFL vs ORRF: side by side
| BVFL (BV Financial, Inc.) | ORRF (Orrstown Financial Services, Inc.) | |
|---|---|---|
| 1-year return | +27.5% | +24.6% |
| 5-year return | +55.7% | +111.1% |
| Volatility (ann.) | 23.9% | 28.5% |
| Beta vs S&P 500 | 0.49 | 0.84 |
| Max drawdown (3Y) | -30.9% | -35.9% |
| Market cap | $0.2B | $0.8B |
| P/E (trailing) | 14.3 | 9.5 |
| Dividend yield | 0.00% | 2.70% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BVFL | ORRF |
|---|---|---|
| 2022 | +24.4% | -5.3% |
| 2023 | -13.2% | +32.3% |
| 2024 | +21.4% | +27.7% |
| 2025 | +5.3% | -0.0% |
| 2026 | +17.8% | +21.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BVFL and ORRF good diversifiers for each other?
Only partially. A correlation of 0.60 means BVFL and ORRF 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 BVFL and ORRF?
The BVFL/ORRF correlation stands at 0.60 on a 3-year window (1 year: 0.54, 5 years: 0.42), computed from weekly returns as of 2026-08-27.
Is ORRF a good diversifier for BVFL?
Only partially. A correlation of 0.60 means BVFL and ORRF share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.60 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/bvfl-vs-orrf.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bvfl-vs-orrf/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BVFL correlations · ORRF correlations
