FSBC vs UTMD: Correlation
Five Star Bancorp (FSBC) and Utah Medical Products, Inc. (UTMD) show a moderate relationship: their 3-year correlation of weekly returns is 0.55.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FSBC and UTMD?
On 3 years of weekly data the FSBC/UTMD correlation comes out at 0.55, moderate. Little has changed lately, as the 1-year reading of 0.51 lands near the 3-year figure. The 5-year figure is 0.40, and annualized covariance runs at 326.7 %².
Among the 18 assets we track against FSBC, UTMD ranks #8 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months FSBC outperformed by 20.8 percentage points (+40.6% for FSBC against +19.8% for UTMD).
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.
FSBC vs UTMD: side by side
| FSBC (Five Star Bancorp) | UTMD (Utah Medical Products, Inc.) | |
|---|---|---|
| 1-year return | +40.6% | +19.8% |
| 5-year return | +117.2% | -11.0% |
| Volatility (ann.) | 27.1% | 22.1% |
| Beta vs S&P 500 | 0.82 | 0.50 |
| Max drawdown (3Y) | -24.5% | -42.5% |
| Market cap | $1.1B | $0.2B |
| P/E (trailing) | 13.4 | 21.6 |
| Dividend yield | 2.10% | 1.74% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FSBC | UTMD |
|---|---|---|
| 2022 | -7.2% | +1.9% |
| 2023 | -0.6% | -15.1% |
| 2024 | +18.6% | -25.7% |
| 2025 | +22.1% | -7.0% |
| 2026 | +28.8% | +29.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FSBC and UTMD good diversifiers for each other?
To a limited degree. At 0.55 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between FSBC and UTMD?
Using weekly returns as of 2026-08-27: 0.55 over 3 years, with 0.51 over the last year and 0.40 over 5 years.
Is UTMD a good diversifier for FSBC?
To a limited degree. At 0.55 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.55 mean?
A reading of 0.55 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/fsbc-vs-utmd.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/fsbc-vs-utmd/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FSBC correlations · UTMD correlations
