CCBG vs RBCAA: Correlation
Capital City Bank Group (CCBG) and Republic Bancorp, Inc. (RBCAA) show a very strong relationship: their 3-year correlation of weekly returns is 0.82.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CCBG and RBCAA?
On 3 years of weekly data the CCBG/RBCAA correlation comes out at 0.82, very strong, meaning they move nearly in lockstep. The link has loosened recently: the 1-year correlation (0.65) runs below the 3-year figure (0.82). The 5-year figure is 0.69, and annualized covariance runs at 598.4 %².
In CCBG's tracked universe of 13 assets, RBCAA sits right near the top at #3. The trailing year gives RBCAA the advantage: +19.9% versus +25.1%, a 5.2-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.
CCBG vs RBCAA: side by side
| CCBG (Capital City Bank Group) | RBCAA (Republic Bancorp, Inc.) | |
|---|---|---|
| 1-year return | +19.9% | +25.1% |
| 5-year return | +154.3% | +117.3% |
| Volatility (ann.) | 25.9% | 28.1% |
| Beta vs S&P 500 | 0.53 | 0.68 |
| Max drawdown (3Y) | -16.5% | -21.6% |
| Market cap | $0.9B | $1.8B |
| P/E (trailing) | 14.2 | 14.4 |
| Dividend yield | 2.08% | 2.01% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CCBG | RBCAA |
|---|---|---|
| 2022 | +25.8% | -16.9% |
| 2023 | -7.1% | +39.4% |
| 2024 | +28.1% | +30.3% |
| 2025 | +19.1% | +1.3% |
| 2026 | +21.7% | +38.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CCBG and RBCAA good diversifiers for each other?
Not really. At 0.82, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between CCBG and RBCAA?
Using weekly returns as of 2026-08-27: 0.82 over 3 years, with 0.65 over the last year and 0.69 over 5 years.
Is RBCAA a good diversifier for CCBG?
Not really. At 0.82, the two trade almost as one position, and owning both buys little extra protection.
What does a correlation of 0.82 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/ccbg-vs-rbcaa.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ccbg-vs-rbcaa/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CCBG correlations · RBCAA correlations
