LARK vs SYBT: Correlation
How closely do Landmark Bancorp Inc. (LARK) and Stock Yards Bancorp, Inc. (SYBT) trade together? Their weekly returns over three years give a correlation of 0.44, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LARK and SYBT?
On 3 years of weekly data the LARK/SYBT correlation comes out at 0.44, moderate. The relationship has been stable: the 1-year correlation (0.48) sits close to the 3-year figure. The 5-year figure is 0.42, and annualized covariance runs at 341.6 %².
In LARK's tracked universe of 13 assets, SYBT sits right near the top at #3. Correlation aside, the last 12 months split them widely, with LARK ahead by 29.3 points (+28.2% versus -1.1%).
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.
LARK vs SYBT: side by side
| LARK (Landmark Bancorp Inc.) | SYBT (Stock Yards Bancorp, Inc.) | |
|---|---|---|
| 1-year return | +28.2% | -1.1% |
| 5-year return | +66.0% | +73.4% |
| Volatility (ann.) | 26.0% | 29.9% |
| Beta vs S&P 500 | 0.35 | 0.94 |
| Max drawdown (3Y) | -20.7% | -24.2% |
| Market cap | $0.2B | $2.5B |
| P/E (trailing) | 9.8 | 16.0 |
| Dividend yield | 2.57% | 1.60% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LARK | SYBT |
|---|---|---|
| 2022 | -18.5% | +3.6% |
| 2023 | -4.2% | -18.8% |
| 2024 | +32.6% | +42.2% |
| 2025 | +18.2% | -7.7% |
| 2026 | +23.6% | +23.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LARK and SYBT good diversifiers for each other?
Reasonably. At 0.44, LARK and SYBT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between LARK and SYBT?
Using weekly returns as of 2026-08-27: 0.44 over 3 years, with 0.48 over the last year and 0.42 over 5 years.
Is SYBT a good diversifier for LARK?
Reasonably. At 0.44, LARK and SYBT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.44 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/lark-vs-sybt.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/lark-vs-sybt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LARK correlations · SYBT correlations
