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CBRE vs SBCF: Correlation

CBRE Group (CBRE) and Seacoast Banking Corporation of Florida (SBCF) show a strong relationship: their 3-year correlation of weekly returns is 0.64.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.64
strong
Correlation (1Y)
0.58
last 12 months
Correlation (5Y)
0.59
long-run
Ann. covariance
602.5
%² · weekly, annualized

How correlated are CBRE and SBCF?

On 3 years of weekly data the CBRE/SBCF correlation comes out at 0.64, strong. Little has changed lately, as the 1-year reading of 0.58 lands near the 3-year figure. The 5-year figure is 0.59, and annualized covariance runs at 602.5 %².

By 3-year correlation, SBCF places #13 of the 41 assets tracked against CBRE. Correlation aside, the last 12 months split them widely, with SBCF ahead by 22.4 points (-9.7% versus +12.7%).

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.

CBRE vs SBCF: side by side

CBRE (CBRE Group)SBCF (Seacoast Banking Corporation of Florida)
1-year return-9.7%+12.7%
5-year return+53.3%+23.0%
Volatility (ann.)30.4%30.8%
Beta vs S&P 5001.040.96
Max drawdown (3Y)-27.4%-27.8%
Market cap$42.6B$3.3B
P/E (trailing)34.422.3
Dividend yield0.00%2.18%
Sector / categoryReal EstateUS Listed
Lower P/E: SBCF 22.3 vs 34.4Higher yield: SBCF 2.18% vs 0.00%Smaller drawdown: CBRE -27.4% vs -27.8%Higher 5y return: CBRE +53.3% vs +23.0%
-24%0%+18%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. CBRE · SBCF

Year-by-year returns

YearCBRESBCF
2022-29.1%-10.1%
2023+21.0%-6.0%
2024+41.0%-0.5%
2025+22.5%+17.1%
2026-8.4%+10.5%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are CBRE and SBCF good diversifiers for each other?

To a limited degree. At 0.64 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

FAQ

What is the correlation between CBRE and SBCF?

As of 2026-08-27, the correlation of weekly returns between CBRE and SBCF is 0.64 over 3 years, 0.58 over 1 year and 0.59 over 5 years.

Is SBCF a good diversifier for CBRE?

To a limited degree. At 0.64 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.

What does a correlation of 0.64 mean?

A reading of 0.64 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

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CBRE vs SBCF: 3-year weekly correlation 0.64CBRE vs SBCF0.64

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Hubs: CBRE correlations · SBCF correlations