FSEA vs JRVR: Correlation
How closely do First Seacoast Bancorp, Inc. (FSEA) and James River Group Holdings, Inc. (JRVR) trade together? Their weekly returns over three years give a correlation of -0.29, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FSEA and JRVR?
On 3 years of weekly data the FSEA/JRVR correlation comes out at -0.29, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.70) than the 3-year average (-0.29). The 5-year figure is -0.19, and annualized covariance runs at -501.8 %².
Within FSEA's tracked universe of 47 assets, JRVR comes in at #32 by 3-year correlation. The last year tells two different stories: FSEA led by 75.3 percentage points, +48.9% for FSEA against -26.4% for JRVR. Risk is not evenly split, since JRVR carries 1.5 times the volatility of the other side.
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.
FSEA vs JRVR: side by side
| FSEA (First Seacoast Bancorp, Inc.) | JRVR (James River Group Holdings, Inc.) | |
|---|---|---|
| 1-year return | +48.9% | -26.4% |
| 5-year return | +44.2% | -88.2% |
| Volatility (ann.) | 33.2% | 51.3% |
| Beta vs S&P 500 | 0.19 | 0.55 |
| Max drawdown (3Y) | -21.5% | -77.1% |
| Market cap | $0.1B | $0.2B |
| P/E (trailing) | – | 9.4 |
| Dividend yield | 0.00% | 0.97% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FSEA | JRVR |
|---|---|---|
| 2022 | -10.5% | -26.8% |
| 2023 | -32.7% | -55.2% |
| 2024 | +30.6% | -46.2% |
| 2025 | +31.5% | +31.6% |
| 2026 | +29.7% | -35.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FSEA and JRVR good diversifiers for each other?
Yes: at -0.29, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between FSEA and JRVR?
As of 2026-08-27, the correlation of weekly returns between FSEA and JRVR is -0.29 over 3 years, -0.70 over 1 year and -0.19 over 5 years.
Is JRVR a good diversifier for FSEA?
Yes: at -0.29, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.29 mean?
A reading of -0.29 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/fsea-vs-jrvr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fsea-vs-jrvr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FSEA correlations · JRVR correlations
