CPBI vs MFIN: Correlation
Central Plains Bancshares, Inc. (CPBI) and Medallion Financial Corp. (MFIN) show a moderate relationship: their 3-year correlation of weekly returns is 0.33.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CPBI and MFIN?
Over the past 3 years, CPBI and MFIN moved with a correlation of 0.33, which is moderate. The relationship has been stable: the 1-year correlation (0.28) sits close to the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 166.2 %².
Within CPBI's tracked universe of 11 assets, MFIN comes in at #4 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months CPBI outperformed by 16.6 percentage points (+35.0% for CPBI against +18.4% for MFIN). One caveat on sizing: MFIN is 2.1 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.
CPBI vs MFIN: side by side
| CPBI (Central Plains Bancshares, Inc.) | MFIN (Medallion Financial Corp.) | |
|---|---|---|
| 1-year return | +35.0% | +18.4% |
| 5-year return | n/a | +74.5% |
| Volatility (ann.) | 15.5% | 32.3% |
| Beta vs S&P 500 | 0.16 | 0.90 |
| Max drawdown (3Y) | -8.4% | -30.8% |
| Market cap | $0.1B | $0.3B |
| P/E (trailing) | 17.7 | 8.8 |
| Dividend yield | 0.00% | 4.27% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CPBI | MFIN |
|---|---|---|
| 2022 | – | +28.4% |
| 2023 | – | +44.0% |
| 2024 | +46.7% | +0.1% |
| 2025 | +13.1% | +15.1% |
| 2026 | +23.7% | +19.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CPBI and MFIN good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CPBI and MFIN?
The CPBI/MFIN correlation stands at 0.33 on a 3-year window (1 year: 0.28, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is MFIN a good diversifier for CPBI?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.33 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/cpbi-vs-mfin.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cpbi-vs-mfin/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CPBI correlations · MFIN correlations
