MCBS vs RGCO: Correlation
Measured on weekly returns over the past three years, MetroCity Bankshares, Inc. (MCBS) and RGC Resources Inc. (RGCO) carry a correlation of 0.50, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MCBS and RGCO?
Over the past 3 years, MCBS and RGCO moved with a correlation of 0.50, which is moderate. The link has loosened recently: the 1-year correlation (0.38) runs below the 3-year figure (0.50). Over 5 years the correlation is 0.35, and the annualized covariance of weekly returns is 441.4 %².
Within MCBS's tracked universe of 30 assets, RGCO comes in at #18 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months MCBS outperformed by 18.9 percentage points (+20.8% for MCBS against +1.9% for RGCO).
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.
MCBS vs RGCO: side by side
| MCBS (MetroCity Bankshares, Inc.) | RGCO (RGC Resources Inc.) | |
|---|---|---|
| 1-year return | +20.8% | +1.9% |
| 5-year return | +99.5% | +10.2% |
| Volatility (ann.) | 28.2% | 31.0% |
| Beta vs S&P 500 | 0.85 | 0.66 |
| Max drawdown (3Y) | -28.0% | -19.2% |
| Market cap | $1.0B | $0.2B |
| P/E (trailing) | 12.2 | 16.2 |
| Dividend yield | 2.95% | 3.91% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MCBS | RGCO |
|---|---|---|
| 2022 | -19.3% | -0.6% |
| 2023 | +15.3% | -4.1% |
| 2024 | +37.1% | +2.5% |
| 2025 | -14.1% | +10.4% |
| 2026 | +35.8% | +5.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MCBS and RGCO 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 MCBS and RGCO?
The MCBS/RGCO correlation stands at 0.50 on a 3-year window (1 year: 0.38, 5 years: 0.35), computed from weekly returns as of 2026-08-27.
Is RGCO a good diversifier for MCBS?
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?
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/mcbs-vs-rgco.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mcbs-vs-rgco/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: MCBS correlations · RGCO correlations
