RBCAA vs THFF: Correlation
How closely do Republic Bancorp, Inc. (RBCAA) and First Financial Corporation (THFF) trade together? Their weekly returns over three years give a correlation of 0.85, which is very strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RBCAA and THFF?
On 3 years of weekly data the RBCAA/THFF correlation comes out at 0.85, very strong, meaning they move nearly in lockstep. Little has changed lately, as the 1-year reading of 0.75 lands near the 3-year figure. The 5-year figure is 0.76, and annualized covariance runs at 672.6 %².
Within RBCAA's tracked universe of 31 assets, THFF comes in at #5 by 3-year correlation. On 12-month performance THFF holds a 13.7-point edge, +25.1% against +38.8%.
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.
RBCAA vs THFF: side by side
| RBCAA (Republic Bancorp, Inc.) | THFF (First Financial Corporation) | |
|---|---|---|
| 1-year return | +25.1% | +38.8% |
| 5-year return | +117.3% | +135.2% |
| Volatility (ann.) | 28.1% | 28.2% |
| Beta vs S&P 500 | 0.68 | 0.81 |
| Max drawdown (3Y) | -21.6% | -20.2% |
| Market cap | $1.8B | $0.9B |
| P/E (trailing) | 14.4 | 11.1 |
| Dividend yield | 2.01% | 2.77% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RBCAA | THFF |
|---|---|---|
| 2022 | -16.9% | +4.4% |
| 2023 | +39.4% | -2.6% |
| 2024 | +30.3% | +11.1% |
| 2025 | +1.3% | +36.2% |
| 2026 | +38.0% | +35.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RBCAA and THFF good diversifiers for each other?
Not really. At 0.85, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between RBCAA and THFF?
Using weekly returns as of 2026-08-27: 0.85 over 3 years, with 0.75 over the last year and 0.76 over 5 years.
Is THFF a good diversifier for RBCAA?
Not really. At 0.85, the two trade almost as one position, and owning both buys little extra protection.
What does a correlation of 0.85 mean?
On the −1 to +1 scale, 0.85 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.
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Related comparisons
Hubs: RBCAA correlations · THFF correlations
