COLB vs RVSN: Correlation
Measured on weekly returns over the past three years, Columbia Banking System, Inc. (COLB) and Rail Vision Ltd. (RVSN) carry a correlation of -0.27, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are COLB and RVSN?
Over the past 3 years, COLB and RVSN moved with a correlation of -0.27, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.31 over 1 year against -0.27 over 3. Over 5 years the correlation is -0.19, and the annualized covariance of weekly returns is -3495.3 %².
Among the 13 assets we track against COLB, RVSN sits near the bottom by co-movement, at rank #10. Their recent paths diverged sharply: over the last 12 months COLB outperformed by 117.0 percentage points (+18.3% for COLB against -98.7% for RVSN). One caveat on sizing: RVSN is 10.6 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
COLB vs RVSN: side by side
| COLB (Columbia Banking System, Inc.) | RVSN (Rail Vision Ltd.) | |
|---|---|---|
| 1-year return | +18.3% | -98.7% |
| 5-year return | +9.4% | -100.0% |
| Volatility (ann.) | 35.2% | 373.5% |
| Beta vs S&P 500 | 1.01 | 1.92 |
| Max drawdown (3Y) | -36.4% | -100.0% |
| Market cap | $8.7B | – |
| P/E (trailing) | 12.1 | – |
| Dividend yield | 4.79% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | COLB | RVSN |
|---|---|---|
| 2022 | -4.3% | – |
| 2023 | -5.9% | -83.3% |
| 2024 | +8.1% | +38.5% |
| 2025 | +9.4% | -84.6% |
| 2026 | +12.6% | -98.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are COLB and RVSN good diversifiers for each other?
Yes. With a correlation of -0.27, COLB and RVSN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between COLB and RVSN?
The COLB/RVSN correlation stands at -0.27 on a 3-year window (1 year: -0.31, 5 years: -0.19), computed from weekly returns as of 2026-08-27.
Is RVSN a good diversifier for COLB?
Yes. With a correlation of -0.27, COLB and RVSN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.27 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/colb-vs-rvsn.json
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Related comparisons
Hubs: COLB correlations · RVSN correlations
