RRBI vs THFF: Correlation
Red River Bancshares, Inc. (RRBI) and First Financial Corporation (THFF) show a strong relationship: their 3-year correlation of weekly returns is 0.77.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RRBI and THFF?
Over the past 3 years, RRBI and THFF moved with a correlation of 0.77, which is strong. The relationship has been stable: the 1-year correlation (0.71) sits close to the 3-year figure. Over 5 years the correlation is 0.61, and the annualized covariance of weekly returns is 514.5 %².
Few assets follow RRBI as closely as THFF, which ranks #2 of 10 tracked partners. Correlation aside, the last 12 months split them widely, with RRBI ahead by 16.0 points (+54.8% versus +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.
RRBI vs THFF: side by side
| RRBI (Red River Bancshares, Inc.) | THFF (First Financial Corporation) | |
|---|---|---|
| 1-year return | +54.8% | +38.8% |
| 5-year return | +108.4% | +135.2% |
| Volatility (ann.) | 23.7% | 28.2% |
| Beta vs S&P 500 | 0.62 | 0.81 |
| Max drawdown (3Y) | -23.0% | -20.2% |
| Market cap | $0.7B | $0.9B |
| P/E (trailing) | 14.5 | 11.1 |
| Dividend yield | 0.79% | 2.77% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RRBI | THFF |
|---|---|---|
| 2022 | -4.0% | +4.4% |
| 2023 | +10.6% | -2.6% |
| 2024 | -3.1% | +11.1% |
| 2025 | +33.5% | +36.2% |
| 2026 | +42.9% | +35.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RRBI and THFF good diversifiers for each other?
To a limited degree. At 0.77 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 RRBI and THFF?
Using weekly returns as of 2026-08-27: 0.77 over 3 years, with 0.71 over the last year and 0.61 over 5 years.
Is THFF a good diversifier for RRBI?
To a limited degree. At 0.77 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 0.77 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/rrbi-vs-thff.json
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Related comparisons
Hubs: RRBI correlations · THFF correlations
