FRPH vs RBCAA: Correlation
FRP Holdings, Inc. (FRPH) and Republic Bancorp, Inc. (RBCAA) show a moderate relationship: their 3-year correlation of weekly returns is 0.54.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FRPH and RBCAA?
On 3 years of weekly data the FRPH/RBCAA correlation comes out at 0.54, moderate. The past 12 months show a weaker link (0.40) than the 3-year average (0.54). The 5-year figure is 0.51, and annualized covariance runs at 304.5 %².
Few assets follow FRPH as closely as RBCAA, which ranks #3 of 11 tracked partners. Correlation aside, the last 12 months split them widely, with RBCAA ahead by 39.0 points (-13.9% versus +25.1%).
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.
FRPH vs RBCAA: side by side
| FRPH (FRP Holdings, Inc.) | RBCAA (Republic Bancorp, Inc.) | |
|---|---|---|
| 1-year return | -13.9% | +25.1% |
| 5-year return | -22.9% | +117.3% |
| Volatility (ann.) | 20.1% | 28.1% |
| Beta vs S&P 500 | 0.38 | 0.68 |
| Max drawdown (3Y) | -36.2% | -21.6% |
| Market cap | $0.4B | $1.8B |
| P/E (trailing) | 2223.0 | 14.4 |
| Dividend yield | 0.00% | 2.01% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FRPH | RBCAA |
|---|---|---|
| 2022 | -6.8% | -16.9% |
| 2023 | +16.7% | +39.4% |
| 2024 | -2.6% | +30.3% |
| 2025 | -25.6% | +1.3% |
| 2026 | -2.5% | +38.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FRPH and RBCAA good diversifiers for each other?
Only partially. A correlation of 0.54 means FRPH and RBCAA 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 FRPH and RBCAA?
The FRPH/RBCAA correlation stands at 0.54 on a 3-year window (1 year: 0.40, 5 years: 0.51), computed from weekly returns as of 2026-08-27.
Is RBCAA a good diversifier for FRPH?
Only partially. A correlation of 0.54 means FRPH and RBCAA share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.54 mean?
On the −1 to +1 scale, 0.54 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/frph-vs-rbcaa.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/frph-vs-rbcaa/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FRPH correlations · RBCAA correlations
