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SBCF vs WD: Correlation

Seacoast Banking Corporation of Florida (SBCF) and Walker & Dunlop, Inc (WD) show a strong relationship: their 3-year correlation of weekly returns is 0.68.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.68
strong
Correlation (1Y)
0.56
last 12 months
Correlation (5Y)
0.61
long-run
Ann. covariance
808.6
%² · weekly, annualized

How correlated are SBCF and WD?

On 3 years of weekly data the SBCF/WD correlation comes out at 0.68, strong. The link has loosened recently: the 1-year correlation (0.56) runs below the 3-year figure (0.68). The 5-year figure is 0.61, and annualized covariance runs at 808.6 %².

Among the 30 assets we track against SBCF, WD ranks #17 by 3-year correlation. The last year tells two different stories: SBCF led by 63.7 percentage points, +12.7% for SBCF against -51.0% for WD.

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.

SBCF vs WD: side by side

SBCF (Seacoast Banking Corporation of Florida)WD (Walker & Dunlop, Inc)
1-year return+12.7%-51.0%
5-year return+23.0%-53.5%
Volatility (ann.)30.8%38.5%
Beta vs S&P 5000.961.12
Max drawdown (3Y)-27.8%-63.4%
Market cap$3.3B$1.4B
P/E (trailing)22.336.0
Dividend yield2.18%6.70%
Sector / categoryUS ListedUS Listed
Lower P/E: SBCF 22.3 vs 36.0Higher yield: WD 6.70% vs 2.18%Smaller drawdown: SBCF -27.8% vs -63.4%Higher 5y return: SBCF +23.0% vs -53.5%
-51%0%+18%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). SBCF · WD

Year-by-year returns

YearSBCFWD
2022-10.1%-46.8%
2023-6.0%+46.0%
2024-0.5%-10.1%
2025+17.1%-35.9%
2026+10.5%-29.9%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are SBCF and WD good diversifiers for each other?

To a limited degree. At 0.68 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 SBCF and WD?

As of 2026-08-27, the correlation of weekly returns between SBCF and WD is 0.68 over 3 years, 0.56 over 1 year and 0.61 over 5 years.

Is WD a good diversifier for SBCF?

To a limited degree. At 0.68 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 0.68 mean?

On the −1 to +1 scale, 0.68 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.

Use this data

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SBCF vs WD: 3-year weekly correlation 0.68SBCF vs WD0.68

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Related comparisons

Hubs: SBCF correlations · WD correlations