RCBC vs WAB: Correlation
How closely do River City Bank (RCBC) and Wabtec (WAB) trade together? Their weekly returns over three years give a correlation of 0.34, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RCBC and WAB?
Across a 3-year window, the weekly returns of RCBC and WAB correlate at 0.34, moderate. The link has tightened recently: the 1-year correlation (0.46) runs above the 3-year figure (0.34). Stretching to 5 years gives 0.27, with an annualized covariance of 186.3 %².
Among the 10 assets we track against RCBC, WAB ranks #4 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months WAB outperformed by 16.6 percentage points (+36.3% for RCBC against +52.9% for WAB).
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.
RCBC vs WAB: side by side
| RCBC (River City Bank) | WAB (Wabtec) | |
|---|---|---|
| 1-year return | +36.3% | +52.9% |
| 5-year return | +90.8% | +241.0% |
| Volatility (ann.) | 21.4% | 25.3% |
| Beta vs S&P 500 | 0.25 | 0.99 |
| Max drawdown (3Y) | -13.4% | -23.6% |
| Market cap | $0.7B | $50.2B |
| P/E (trailing) | 10.6 | 40.5 |
| Dividend yield | 0.38% | 0.37% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | RCBC | WAB |
|---|---|---|
| 2022 | -11.3% | +9.1% |
| 2023 | -5.5% | +28.0% |
| 2024 | +38.4% | +50.1% |
| 2025 | +42.2% | +13.2% |
| 2026 | +13.9% | +39.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RCBC and WAB good diversifiers for each other?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between RCBC and WAB?
Using weekly returns as of 2026-08-27: 0.34 over 3 years, with 0.46 over the last year and 0.27 over 5 years.
Is WAB a good diversifier for RCBC?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.34 mean?
A reading of 0.34 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/rcbc-vs-wab.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rcbc-vs-wab/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: RCBC correlations · WAB correlations
