ALL vs EG: Correlation
Measured on weekly returns over the past three years, Allstate (ALL) and Everest Group (EG) carry a correlation of 0.49, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ALL and EG?
Across a 3-year window, the weekly returns of ALL and EG correlate at 0.49, moderate. Little has changed lately, as the 1-year reading of 0.50 lands near the 3-year figure. Stretching to 5 years gives 0.50, with an annualized covariance of 237.5 %².
Among the 32 assets we track against ALL, EG ranks #19 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months ALL outperformed by 17.6 percentage points (+28.9% for ALL against +11.3% for EG). Across three years, the rolling one-year figure varied moderately, from 0.35 to 0.64.
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.
ALL vs EG: side by side
| ALL (Allstate) | EG (Everest Group) | |
|---|---|---|
| 1-year return | +28.9% | +11.3% |
| 5-year return | +114.7% | +57.2% |
| Volatility (ann.) | 22.1% | 22.2% |
| Beta vs S&P 500 | 0.31 | 0.28 |
| Max drawdown (3Y) | -14.1% | -23.8% |
| Market cap | $65.1B | $14.5B |
| P/E (trailing) | 5.2 | 8.0 |
| Dividend yield | 1.59% | 2.11% |
| Sector / category | Financials | Financials |
Year-by-year returns
| Year | ALL | EG |
|---|---|---|
| 2022 | +18.4% | +23.7% |
| 2023 | +6.4% | +8.7% |
| 2024 | +40.6% | +4.6% |
| 2025 | +10.1% | -5.3% |
| 2026 | +25.0% | +12.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ALL and EG good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ALL and EG?
Using weekly returns as of 2026-08-27: 0.49 over 3 years, with 0.50 over the last year and 0.50 over 5 years.
Is EG a good diversifier for ALL?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.49 mean?
A reading of 0.49 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/all-vs-eg.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/all-vs-eg/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ALL correlations · EG correlations
