MCBS vs WEYS: Correlation
MetroCity Bankshares, Inc. (MCBS) and Weyco Group, Inc. (WEYS) 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 MCBS and WEYS?
Across a 3-year window, the weekly returns of MCBS and WEYS correlate at 0.50, moderate. Little has changed lately, as the 1-year reading of 0.41 lands near the 3-year figure. Stretching to 5 years gives 0.38, with an annualized covariance of 498.0 %².
By 3-year correlation, WEYS places #20 of the 30 assets tracked against MCBS. The last year tells two different stories: WEYS led by 38.9 percentage points, +20.8% for MCBS against +59.7% for WEYS.
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 WEYS: side by side
| MCBS (MetroCity Bankshares, Inc.) | WEYS (Weyco Group, Inc.) | |
|---|---|---|
| 1-year return | +20.8% | +59.7% |
| 5-year return | +99.5% | +157.8% |
| Volatility (ann.) | 28.2% | 35.3% |
| Beta vs S&P 500 | 0.85 | 1.01 |
| Max drawdown (3Y) | -28.0% | -29.0% |
| Market cap | $1.0B | $0.4B |
| P/E (trailing) | 12.2 | 12.5 |
| Dividend yield | 2.95% | 2.43% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MCBS | WEYS |
|---|---|---|
| 2022 | -19.3% | -8.3% |
| 2023 | +15.3% | +54.0% |
| 2024 | +37.1% | +30.4% |
| 2025 | -14.1% | -10.5% |
| 2026 | +35.8% | +49.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MCBS and WEYS 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 WEYS?
As of 2026-08-27, the correlation of weekly returns between MCBS and WEYS is 0.50 over 3 years, 0.41 over 1 year and 0.38 over 5 years.
Is WEYS 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?
On the −1 to +1 scale, 0.50 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/mcbs-vs-weys.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/mcbs-vs-weys/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: MCBS correlations · WEYS correlations
