EGBN vs SUIG: Correlation
How closely do Eagle Bancorp, Inc. (EGBN) and Sui Group Holdings Limited (SUIG) trade together? Their weekly returns over three years give a correlation of -0.33, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EGBN and SUIG?
On 3 years of weekly data the EGBN/SUIG correlation comes out at -0.33, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.04 versus -0.33 over 3 years. The 5-year figure is -0.24, and annualized covariance runs at -2323.6 %².
Out of 10 assets tracked against EGBN, SUIG lands near the bottom at #10. Their recent paths diverged sharply: over the last 12 months EGBN outperformed by 125.9 percentage points (+42.5% for EGBN against -83.4% for SUIG). Note the risk asymmetry: SUIG runs 3.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
EGBN vs SUIG: side by side
| EGBN (Eagle Bancorp, Inc.) | SUIG (Sui Group Holdings Limited) | |
|---|---|---|
| 1-year return | +42.5% | -83.4% |
| 5-year return | -41.4% | -88.3% |
| Volatility (ann.) | 43.4% | 162.1% |
| Beta vs S&P 500 | 0.65 | 1.61 |
| Max drawdown (3Y) | -46.0% | -89.2% |
| Market cap | $0.8B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.14% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EGBN | SUIG |
|---|---|---|
| 2022 | -21.9% | -75.1% |
| 2023 | -27.0% | +19.5% |
| 2024 | -7.9% | -20.3% |
| 2025 | -15.6% | -14.4% |
| 2026 | +29.1% | -38.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EGBN and SUIG good diversifiers for each other?
Yes. With a correlation of -0.33, EGBN and SUIG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between EGBN and SUIG?
As of 2026-08-27, the correlation of weekly returns between EGBN and SUIG is -0.33 over 3 years, -0.04 over 1 year and -0.24 over 5 years.
Is SUIG a good diversifier for EGBN?
Yes. With a correlation of -0.33, EGBN and SUIG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.33 mean?
On the −1 to +1 scale, -0.33 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/egbn-vs-suig.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/egbn-vs-suig/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EGBN correlations · SUIG correlations
