BLIN vs UHAL: Correlation
Bridgeline Digital, Inc. (BLIN) and U-Haul Holding Company (UHAL) show a moderate relationship: their 3-year correlation of weekly returns is 0.32.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BLIN and UHAL?
Across a 3-year window, the weekly returns of BLIN and UHAL correlate at 0.32, moderate. The link has tightened recently: the 1-year correlation (0.45) runs above the 3-year figure (0.32). Stretching to 5 years gives 0.29, with an annualized covariance of 551.5 %².
Among the 10 assets we track against BLIN, UHAL ranks #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months UHAL outperformed by 46.0 percentage points (-26.9% for BLIN against +19.1% for UHAL). Note the risk asymmetry: BLIN runs 2.1 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.
BLIN vs UHAL: side by side
| BLIN (Bridgeline Digital, Inc.) | UHAL (U-Haul Holding Company) | |
|---|---|---|
| 1-year return | -26.9% | +19.1% |
| 5-year return | -81.9% | +2.2% |
| Volatility (ann.) | 60.1% | 28.6% |
| Beta vs S&P 500 | 0.36 | 0.81 |
| Max drawdown (3Y) | -70.2% | -46.2% |
| Market cap | – | $13.4B |
| P/E (trailing) | – | 488.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BLIN | UHAL |
|---|---|---|
| 2022 | -53.5% | -17.0% |
| 2023 | -17.1% | +19.3% |
| 2024 | +81.6% | -3.8% |
| 2025 | -47.5% | -27.0% |
| 2026 | +19.0% | +35.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BLIN and UHAL good diversifiers for each other?
Reasonably. At 0.32, BLIN and UHAL keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BLIN and UHAL?
The BLIN/UHAL correlation stands at 0.32 on a 3-year window (1 year: 0.45, 5 years: 0.29), computed from weekly returns as of 2026-08-27.
Is UHAL a good diversifier for BLIN?
Reasonably. At 0.32, BLIN and UHAL keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.32 mean?
A reading of 0.32 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/blin-vs-uhal.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/blin-vs-uhal/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BLIN correlations · UHAL correlations
