SLVM vs SSB: Correlation
Sylvamo Corporation (SLVM) and SouthState Bank Corporation (SSB) show a moderate relationship: their 3-year correlation of weekly returns is 0.52.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SLVM and SSB?
On 3 years of weekly data the SLVM/SSB correlation comes out at 0.52, moderate. The relationship has been stable: the 1-year correlation (0.54) sits close to the 3-year figure. The 5-year figure is 0.45, and annualized covariance runs at 563.1 %².
Within SLVM's tracked universe of 14 assets, SSB comes in at #4 by 3-year correlation. The last year tells two different stories: SSB led by 22.3 percentage points, -15.5% for SLVM against +6.8% for SSB.
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.
SLVM vs SSB: side by side
| SLVM (Sylvamo Corporation) | SSB (SouthState Bank Corporation) | |
|---|---|---|
| 1-year return | -15.5% | +6.8% |
| 5-year return | +65.7% | +76.5% |
| Volatility (ann.) | 38.0% | 28.6% |
| Beta vs S&P 500 | 0.92 | 0.95 |
| Max drawdown (3Y) | -60.6% | -27.6% |
| Market cap | $1.5B | $10.3B |
| P/E (trailing) | 19.6 | 11.2 |
| Dividend yield | 4.91% | 2.26% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SLVM | SSB |
|---|---|---|
| 2022 | +75.3% | -2.4% |
| 2023 | +4.2% | +13.8% |
| 2024 | +64.7% | +20.7% |
| 2025 | -37.1% | -3.1% |
| 2026 | -21.5% | +14.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SLVM and SSB good diversifiers for each other?
Somewhat, no more. With 0.52 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between SLVM and SSB?
As of 2026-08-27, the correlation of weekly returns between SLVM and SSB is 0.52 over 3 years, 0.54 over 1 year and 0.45 over 5 years.
Is SSB a good diversifier for SLVM?
Somewhat, no more. With 0.52 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.52 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/slvm-vs-ssb.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/slvm-vs-ssb/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: SLVM correlations · SSB correlations
