BOC vs RMCO: Correlation
How closely do Boston Omaha Corporation (BOC) and Royalty Management Holding Corporation (RMCO) trade together? Their weekly returns over three years give a correlation of 0.30, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BOC and RMCO?
Across a 3-year window, the weekly returns of BOC and RMCO correlate at 0.30, moderate. The relationship has been stable: the 1-year correlation (0.22) sits close to the 3-year figure. Stretching to 5 years gives 0.20, with an annualized covariance of 780.4 %².
Among the 12 assets we track against BOC, RMCO ranks #7 by 3-year correlation. Correlation aside, the last 12 months split them widely, with RMCO ahead by 45.1 points (+1.5% versus +46.6%). Risk is not evenly split, since RMCO carries 2.9 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.
BOC vs RMCO: side by side
| BOC (Boston Omaha Corporation) | RMCO (Royalty Management Holding Corporation) | |
|---|---|---|
| 1-year return | +1.5% | +46.6% |
| 5-year return | -60.8% | -70.7% |
| Volatility (ann.) | 29.8% | 87.1% |
| Beta vs S&P 500 | 0.31 | 0.25 |
| Max drawdown (3Y) | -37.4% | -93.2% |
| Market cap | $0.4B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.33% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BOC | RMCO |
|---|---|---|
| 2022 | -7.8% | -0.4% |
| 2023 | -40.6% | -83.0% |
| 2024 | -9.9% | -41.3% |
| 2025 | -12.8% | +211.1% |
| 2026 | +11.2% | -6.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BOC and RMCO good diversifiers for each other?
A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BOC and RMCO?
As of 2026-08-27, the correlation of weekly returns between BOC and RMCO is 0.30 over 3 years, 0.22 over 1 year and 0.20 over 5 years.
Is RMCO a good diversifier for BOC?
A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.30 mean?
On the −1 to +1 scale, 0.30 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/boc-vs-rmco.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/boc-vs-rmco/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BOC correlations · RMCO correlations
