CFFI vs OPBK: Correlation
Measured on weekly returns over the past three years, C&F Financial Corporation (CFFI) and OP Bancorp (OPBK) carry a correlation of 0.63, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CFFI and OPBK?
Over the past 3 years, CFFI and OPBK moved with a correlation of 0.63, which is strong. Recent behaviour matches the longer record: 0.53 over 1 year against 0.63 over 3. Over 5 years the correlation is 0.52, and the annualized covariance of weekly returns is 703.4 %².
Within CFFI's tracked universe of 14 assets, OPBK comes in at #4 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months CFFI outperformed by 19.1 percentage points (+29.7% for CFFI against +10.6% for OPBK).
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.
CFFI vs OPBK: side by side
| CFFI (C&F Financial Corporation) | OPBK (OP Bancorp) | |
|---|---|---|
| 1-year return | +29.7% | +10.6% |
| 5-year return | +96.2% | +86.0% |
| Volatility (ann.) | 36.7% | 30.2% |
| Beta vs S&P 500 | 0.73 | 0.65 |
| Max drawdown (3Y) | -50.7% | -41.8% |
| Market cap | $0.3B | $0.2B |
| P/E (trailing) | 10.1 | 7.7 |
| Dividend yield | 2.05% | 3.33% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CFFI | OPBK |
|---|---|---|
| 2022 | +17.5% | -9.3% |
| 2023 | +20.7% | +3.2% |
| 2024 | +7.8% | +50.5% |
| 2025 | +4.6% | -7.4% |
| 2026 | +26.4% | +10.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CFFI and OPBK good diversifiers for each other?
Only partially. A correlation of 0.63 means CFFI and OPBK 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 CFFI and OPBK?
The CFFI/OPBK correlation stands at 0.63 on a 3-year window (1 year: 0.53, 5 years: 0.52), computed from weekly returns as of 2026-08-27.
Is OPBK a good diversifier for CFFI?
Only partially. A correlation of 0.63 means CFFI and OPBK share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.63 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/cffi-vs-opbk.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cffi-vs-opbk/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CFFI correlations · OPBK correlations
