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SHBI correlations (Shore Bancshares, Inc.)

Every correlation that matters for SHBI: the assets it tracks, the ones that offset it, and where it sits among 4756 US stocks and ETFs.

Data as of 2026-08-27 · refreshed every trading day · US Listed

Volatility (ann.)

32.6%

3y weekly

Beta vs S&P 500

0.89

3y weekly

1-year return

+37.7%

price, adjusted

5-year return

+51.7%

price, adjusted

Market cap

$0.8B

latest

P/E ratio

11.7

trailing

Dividend yield

2.16%

trailing

Max drawdown

-31.9%

3y, daily closes

SHBI over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with SHBI

Asset		Correlation (3Y)
FCF	First Commonwealth Financial Corporation	0.89
FMBH	First Mid Bancshares, Inc.	0.88
BUSE	First Busey Corporation	0.88
THFF	First Financial Corporation	0.88
WSBC	WesBanco, Inc.	0.87

These are the assets whose returns had the least to do with SHBI's, historically the most independent picks in our universe.

Asset		Correlation (3Y)
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	-0.51
VXX	iPath Series B S&P 500 VIX Short-Term Futures ETN	-0.48
INDO	Indonesia Energy Corporation Limited	-0.19

Free API · no key required

$ curl https://www.pairbook.io/api/v1/symbols/shbi.json

Correlations, diversifiers, beta and volatility for SHBI, plus one endpoint per pair. API documentation.