MNSB vs RMBI: Correlation
MainStreet Bancshares, Inc. (MNSB) and Richmond Mutual Bancorporation, Inc. (RMBI) show a moderate relationship: their 3-year correlation of weekly returns is 0.47.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MNSB and RMBI?
Over the past 3 years, MNSB and RMBI moved with a correlation of 0.47, which is moderate. Recent behaviour matches the longer record: 0.54 over 1 year against 0.47 over 3. Over 5 years the correlation is 0.46, and the annualized covariance of weekly returns is 371.8 %².
By 3-year correlation, RMBI places #6 of the 11 assets tracked against MNSB. Neither side won the trailing year by much: +12.4% against +14.6%.
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.
MNSB vs RMBI: side by side
| MNSB (MainStreet Bancshares, Inc.) | RMBI (Richmond Mutual Bancorporation, Inc.) | |
|---|---|---|
| 1-year return | +12.4% | +14.6% |
| 5-year return | +17.5% | +24.6% |
| Volatility (ann.) | 31.1% | 25.3% |
| Beta vs S&P 500 | 0.55 | 0.34 |
| Max drawdown (3Y) | -40.5% | -20.8% |
| Market cap | $0.2B | $0.3B |
| P/E (trailing) | 12.2 | 13.1 |
| Dividend yield | 1.61% | 3.78% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | MNSB | RMBI |
|---|---|---|
| 2022 | +12.9% | -16.7% |
| 2023 | -8.2% | -7.2% |
| 2024 | -25.3% | +28.6% |
| 2025 | +15.0% | +3.7% |
| 2026 | +25.5% | +16.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MNSB and RMBI good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between MNSB and RMBI?
As of 2026-08-27, the correlation of weekly returns between MNSB and RMBI is 0.47 over 3 years, 0.54 over 1 year and 0.46 over 5 years.
Is RMBI a good diversifier for MNSB?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.47 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/mnsb-vs-rmbi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/mnsb-vs-rmbi/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MNSB correlations · RMBI correlations
