INMD vs SBCF: Correlation
InMode Ltd. (INMD) and Seacoast Banking Corporation of Florida (SBCF) show a moderate relationship: their 3-year correlation of weekly returns is 0.50.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are INMD and SBCF?
On 3 years of weekly data the INMD/SBCF correlation comes out at 0.50, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.33 versus 0.50 over 3 years. The 5-year figure is 0.35, and annualized covariance runs at 596.9 %².
Among the 14 assets we track against INMD, SBCF ranks #5 by 3-year correlation. The last year tells two different stories: SBCF led by 15.0 percentage points, -2.3% for INMD against +12.7% for SBCF.
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.
INMD vs SBCF: side by side
| INMD (InMode Ltd.) | SBCF (Seacoast Banking Corporation of Florida) | |
|---|---|---|
| 1-year return | -2.3% | +12.7% |
| 5-year return | -77.7% | +23.0% |
| Volatility (ann.) | 38.9% | 30.8% |
| Beta vs S&P 500 | 1.09 | 0.96 |
| Max drawdown (3Y) | -68.2% | -27.8% |
| Market cap | $0.9B | $3.3B |
| P/E (trailing) | 12.4 | 22.3 |
| Dividend yield | 0.00% | 2.18% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | INMD | SBCF |
|---|---|---|
| 2022 | -49.4% | -10.1% |
| 2023 | -37.7% | -6.0% |
| 2024 | -24.9% | -0.5% |
| 2025 | -12.0% | +17.1% |
| 2026 | +1.0% | +10.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are INMD and SBCF good diversifiers for each other?
To a limited degree. At 0.50 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 INMD and SBCF?
As of 2026-08-27, the correlation of weekly returns between INMD and SBCF is 0.50 over 3 years, 0.33 over 1 year and 0.35 over 5 years.
Is SBCF a good diversifier for INMD?
To a limited degree. At 0.50 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 0.50 mean?
A reading of 0.50 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/inmd-vs-sbcf.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/inmd-vs-sbcf/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: INMD correlations · SBCF correlations
