FRBA vs RVSB: Correlation
Measured on weekly returns over the past three years, First Bank (FRBA) and Riverview Bancorp Inc (RVSB) carry a correlation of 0.46, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FRBA and RVSB?
On 3 years of weekly data the FRBA/RVSB correlation comes out at 0.46, moderate. Little has changed lately, as the 1-year reading of 0.43 lands near the 3-year figure. The 5-year figure is 0.43, and annualized covariance runs at 310.2 %².
By 3-year correlation, RVSB places #9 of the 14 assets tracked against FRBA. The trailing year gives FRBA the advantage: +8.9% versus +3.1%, a 5.8-point spread.
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.
FRBA vs RVSB: side by side
| FRBA (First Bank) | RVSB (Riverview Bancorp Inc) | |
|---|---|---|
| 1-year return | +8.9% | +3.1% |
| 5-year return | +47.4% | -17.9% |
| Volatility (ann.) | 26.6% | 25.6% |
| Beta vs S&P 500 | 0.61 | 0.17 |
| Max drawdown (3Y) | -22.0% | -42.5% |
| Market cap | $0.4B | $0.1B |
| P/E (trailing) | 10.4 | – |
| Dividend yield | 1.67% | 1.55% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FRBA | RVSB |
|---|---|---|
| 2022 | -3.6% | +3.2% |
| 2023 | +9.1% | -13.1% |
| 2024 | -2.6% | -7.4% |
| 2025 | +18.8% | -11.3% |
| 2026 | +10.2% | +4.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FRBA and RVSB good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between FRBA and RVSB?
As of 2026-08-27, the correlation of weekly returns between FRBA and RVSB is 0.46 over 3 years, 0.43 over 1 year and 0.43 over 5 years.
Is RVSB a good diversifier for FRBA?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.46 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/frba-vs-rvsb.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/frba-vs-rvsb/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FRBA correlations · RVSB correlations
