ATLC vs PRTH: Correlation
How closely do Atlanticus Holdings Corporation (ATLC) and Priority Technology Holdings, Inc. (PRTH) trade together? Their weekly returns over three years give a correlation of 0.43, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ATLC and PRTH?
On 3 years of weekly data the ATLC/PRTH correlation comes out at 0.43, moderate. Recent behaviour matches the longer record: 0.38 over 1 year against 0.43 over 3. The 5-year figure is 0.28, and annualized covariance runs at 1510.7 %².
By 3-year correlation, PRTH places #8 of the 13 assets tracked against ATLC. The last year tells two different stories: ATLC led by 75.5 percentage points, +40.4% for ATLC against -35.1% for PRTH.
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.
ATLC vs PRTH: side by side
| ATLC (Atlanticus Holdings Corporation) | PRTH (Priority Technology Holdings, Inc.) | |
|---|---|---|
| 1-year return | +40.4% | -35.1% |
| 5-year return | +58.2% | -9.8% |
| Volatility (ann.) | 49.7% | 70.7% |
| Beta vs S&P 500 | 1.55 | 1.52 |
| Max drawdown (3Y) | -39.5% | -62.2% |
| Market cap | $1.4B | $0.4B |
| P/E (trailing) | 12.1 | 8.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ATLC | PRTH |
|---|---|---|
| 2022 | -63.3% | -25.7% |
| 2023 | +47.6% | -32.3% |
| 2024 | +44.2% | +230.1% |
| 2025 | +20.0% | -53.6% |
| 2026 | +39.0% | -0.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ATLC and PRTH good diversifiers for each other?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ATLC and PRTH?
The ATLC/PRTH correlation stands at 0.43 on a 3-year window (1 year: 0.38, 5 years: 0.28), computed from weekly returns as of 2026-08-27.
Is PRTH a good diversifier for ATLC?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.43 mean?
On the −1 to +1 scale, 0.43 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
$ curl https://www.pairbook.io/api/v1/pairs/atlc-vs-prth.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/atlc-vs-prth/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ATLC correlations · PRTH correlations
