ALL vs ORI: Correlation
Measured on weekly returns over the past three years, Allstate (ALL) and Old Republic International Corporation (ORI) carry a correlation of 0.58, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ALL and ORI?
On 3 years of weekly data the ALL/ORI correlation comes out at 0.58, moderate. Little has changed lately, as the 1-year reading of 0.54 lands near the 3-year figure. The 5-year figure is 0.55, and annualized covariance runs at 272.0 %².
Among the 32 assets we track against ALL, ORI ranks #13 by 3-year correlation. Over the last 12 months ALL came out ahead by 13.9 percentage points (+28.9% against +15.0%).
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 ORI: side by side
| ALL (Allstate) | ORI (Old Republic International Corporation) | |
|---|---|---|
| 1-year return | +28.9% | +15.0% |
| 5-year return | +114.7% | +137.4% |
| Volatility (ann.) | 22.1% | 21.1% |
| Beta vs S&P 500 | 0.31 | 0.28 |
| Max drawdown (3Y) | -14.1% | -16.2% |
| Market cap | $65.1B | $10.2B |
| P/E (trailing) | 5.2 | 9.3 |
| Dividend yield | 1.59% | 2.85% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | ALL | ORI |
|---|---|---|
| 2022 | +18.4% | +6.7% |
| 2023 | +6.4% | +26.3% |
| 2024 | +40.6% | +27.1% |
| 2025 | +10.1% | +37.5% |
| 2026 | +25.0% | -0.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ALL and ORI good diversifiers for each other?
Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ALL and ORI?
As of 2026-08-27, the correlation of weekly returns between ALL and ORI is 0.58 over 3 years, 0.54 over 1 year and 0.55 over 5 years.
Is ORI a good diversifier for ALL?
Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.58 mean?
A reading of 0.58 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-ori.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/all-vs-ori/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ALL correlations · ORI correlations
