BANL vs ROL: Correlation
CBL International Limited - Class B (BANL) and Rollins, Inc. (ROL) show a negative relationship: their 3-year correlation of weekly returns is -0.36.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BANL and ROL?
On 3 years of weekly data the BANL/ROL correlation comes out at -0.36, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.53) runs below the 3-year figure (-0.36). The 5-year figure is n/a, and annualized covariance runs at -6465.1 %².
ROL is close to the least connected end of BANL's tracked universe, ranking #8 of 10. The last year tells two different stories: BANL led by 2026.2 percentage points, +1990.5% for BANL against -35.7% for ROL. Note the risk asymmetry: BANL runs 33.1 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
BANL vs ROL: side by side
| BANL (CBL International Limited - Class B) | ROL (Rollins, Inc.) | |
|---|---|---|
| 1-year return | +1990.5% | -35.7% |
| 5-year return | n/a | -1.8% |
| Volatility (ann.) | 767.2% | 23.2% |
| Beta vs S&P 500 | -1.45 | 0.51 |
| Max drawdown (3Y) | -85.8% | -44.6% |
| Market cap | – | $17.3B |
| P/E (trailing) | – | 32.7 |
| Dividend yield | 0.00% | 1.94% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | BANL | ROL |
|---|---|---|
| 2022 | – | +8.1% |
| 2023 | – | +21.2% |
| 2024 | -31.3% | +7.6% |
| 2025 | -55.9% | +31.1% |
| 2026 | +2911.2% | -39.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BANL and ROL good diversifiers for each other?
Yes. With a correlation of -0.36, BANL and ROL have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BANL and ROL?
As of 2026-08-27, the correlation of weekly returns between BANL and ROL is -0.36 over 3 years, -0.53 over 1 year and n/a over 5 years.
Is ROL a good diversifier for BANL?
Yes. With a correlation of -0.36, BANL and ROL have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.36 mean?
On the −1 to +1 scale, -0.36 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/banl-vs-rol.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/banl-vs-rol/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BANL correlations · ROL correlations
