PALI vs SBFG: Correlation
Measured on weekly returns over the past three years, Palisade Bio, Inc. (PALI) and SB Financial Group, Inc. (SBFG) carry a correlation of -0.21, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PALI and SBFG?
On 3 years of weekly data the PALI/SBFG correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.44 versus -0.21 over 3 years. The 5-year figure is -0.05, and annualized covariance runs at -639.8 %².
SBFG is close to the least connected end of PALI's tracked universe, ranking #9 of 12. Their recent paths diverged sharply: over the last 12 months PALI outperformed by 184.5 percentage points (+219.7% for PALI against +35.2% for SBFG). Risk is not evenly split, since PALI carries 3.4 times the volatility of the other side.
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.
PALI vs SBFG: side by side
| PALI (Palisade Bio, Inc.) | SBFG (SB Financial Group, Inc.) | |
|---|---|---|
| 1-year return | +219.7% | +35.2% |
| 5-year return | -99.9% | +88.6% |
| Volatility (ann.) | 102.3% | 29.8% |
| Beta vs S&P 500 | 0.30 | 0.34 |
| Max drawdown (3Y) | -97.5% | -27.8% |
| Market cap | $0.4B | $0.2B |
| P/E (trailing) | 3.2 | 10.3 |
| Dividend yield | 0.00% | 2.25% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PALI | SBFG |
|---|---|---|
| 2022 | -92.0% | -7.0% |
| 2023 | -88.7% | -5.9% |
| 2024 | -81.4% | +41.1% |
| 2025 | +42.4% | +9.5% |
| 2026 | -10.2% | +27.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PALI and SBFG good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between PALI and SBFG?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.44 over the last year and -0.05 over 5 years.
Is SBFG a good diversifier for PALI?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 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/pali-vs-sbfg.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/pali-vs-sbfg/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: PALI correlations · SBFG correlations
