MYFW vs RF: Correlation
First Western Financial, Inc. (MYFW) and Regions Financial Corporation (RF) show a strong relationship: their 3-year correlation of weekly returns is 0.65.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are MYFW and RF?
On 3 years of weekly data the MYFW/RF correlation comes out at 0.65, strong. The link has loosened recently: the 1-year correlation (0.49) runs below the 3-year figure (0.65). The 5-year figure is 0.61, and annualized covariance runs at 662.5 %².
By 3-year correlation, RF places #4 of the 12 assets tracked against MYFW. Their recent paths diverged sharply: over the last 12 months MYFW outperformed by 17.7 percentage points (+33.1% for MYFW against +15.4% for RF).
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.
MYFW vs RF: side by side
| MYFW (First Western Financial, Inc.) | RF (Regions Financial Corporation) | |
|---|---|---|
| 1-year return | +33.1% | +15.4% |
| 5-year return | +13.7% | +83.5% |
| Volatility (ann.) | 34.7% | 29.2% |
| Beta vs S&P 500 | 1.08 | 1.09 |
| Max drawdown (3Y) | -37.4% | -31.9% |
| Market cap | $0.3B | $25.9B |
| P/E (trailing) | 16.5 | 12.4 |
| Dividend yield | 0.00% | 3.45% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | MYFW | RF |
|---|---|---|
| 2022 | -7.3% | +2.3% |
| 2023 | -29.6% | -5.7% |
| 2024 | -1.4% | +27.0% |
| 2025 | +37.1% | +20.2% |
| 2026 | +15.1% | +14.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are MYFW and RF good diversifiers for each other?
To a limited degree. At 0.65 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 MYFW and RF?
Using weekly returns as of 2026-08-27: 0.65 over 3 years, with 0.49 over the last year and 0.61 over 5 years.
Is RF a good diversifier for MYFW?
To a limited degree. At 0.65 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 0.65 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/myfw-vs-rf.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/myfw-vs-rf/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: MYFW correlations · RF correlations
