FNLC vs SAMG: Correlation
First Bancorp, Inc (ME) (FNLC) and Silvercrest Asset Management Group Inc. (SAMG) show a moderate relationship: their 3-year correlation of weekly returns is 0.56.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FNLC and SAMG?
Over the past 3 years, FNLC and SAMG moved with a correlation of 0.56, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.40 versus 0.56 over 3 years. Over 5 years the correlation is 0.47, and the annualized covariance of weekly returns is 454.3 %².
By 3-year correlation, SAMG places #8 of the 17 assets tracked against FNLC. Correlation aside, the last 12 months split them widely, with FNLC ahead by 69.0 points (+33.4% versus -35.6%).
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.
FNLC vs SAMG: side by side
| FNLC (First Bancorp, Inc (ME)) | SAMG (Silvercrest Asset Management Group Inc.) | |
|---|---|---|
| 1-year return | +33.4% | -35.6% |
| 5-year return | +51.0% | -20.3% |
| Volatility (ann.) | 29.5% | 27.4% |
| Beta vs S&P 500 | 0.46 | 0.75 |
| Max drawdown (3Y) | -25.0% | -44.1% |
| Market cap | $0.4B | $0.1B |
| P/E (trailing) | 10.2 | 72.3 |
| Dividend yield | 4.32% | 4.21% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FNLC | SAMG |
|---|---|---|
| 2022 | -0.4% | +13.6% |
| 2023 | -0.5% | -5.7% |
| 2024 | +2.5% | +13.3% |
| 2025 | +2.3% | -13.0% |
| 2026 | +35.6% | -31.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FNLC and SAMG good diversifiers for each other?
Only partially. A correlation of 0.56 means FNLC and SAMG 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 FNLC and SAMG?
Using weekly returns as of 2026-08-27: 0.56 over 3 years, with 0.40 over the last year and 0.47 over 5 years.
Is SAMG a good diversifier for FNLC?
Only partially. A correlation of 0.56 means FNLC and SAMG share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.56 mean?
On the −1 to +1 scale, 0.56 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/fnlc-vs-samg.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fnlc-vs-samg/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FNLC correlations · SAMG correlations
