BKNG vs PRAA: Correlation
Measured on weekly returns over the past three years, Booking Holdings (BKNG) and PRA Group, Inc. (PRAA) 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 BKNG and PRAA?
Over the past 3 years, BKNG and PRAA moved with a correlation of 0.49, which is moderate. Little has changed lately, as the 1-year reading of 0.56 lands near the 3-year figure. Over 5 years the correlation is 0.36, and the annualized covariance of weekly returns is 876.7 %².
By 3-year correlation, PRAA places #21 of the 39 assets tracked against BKNG. The last year tells two different stories: PRAA led by 22.0 percentage points, -9.1% for BKNG against +12.9% for PRAA. Risk is not evenly split, since PRAA carries 2.1 times the volatility of the other side.
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.
BKNG vs PRAA: side by side
| BKNG (Booking Holdings) | PRAA (PRA Group, Inc.) | |
|---|---|---|
| 1-year return | -9.1% | +12.9% |
| 5-year return | +127.1% | -53.3% |
| Volatility (ann.) | 29.1% | 62.0% |
| Beta vs S&P 500 | 1.11 | 1.15 |
| Max drawdown (3Y) | -33.4% | -62.8% |
| Market cap | $152.2B | $0.7B |
| P/E (trailing) | 23.2 | – |
| Dividend yield | 0.77% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | BKNG | PRAA |
|---|---|---|
| 2022 | -16.0% | -32.7% |
| 2023 | +76.0% | -22.4% |
| 2024 | +41.3% | -20.3% |
| 2025 | +8.6% | -15.3% |
| 2026 | -5.0% | +9.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BKNG and PRAA good diversifiers for each other?
Reasonably. At 0.49, BKNG and PRAA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BKNG and PRAA?
Using weekly returns as of 2026-08-27: 0.49 over 3 years, with 0.56 over the last year and 0.36 over 5 years.
Is PRAA a good diversifier for BKNG?
Reasonably. At 0.49, BKNG and PRAA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.49 mean?
On the −1 to +1 scale, 0.49 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/bkng-vs-praa.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bkng-vs-praa/)
Free with attribution; caching and terms are described in the API documentation.
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Hubs: BKNG correlations · PRAA correlations
