BOW vs LRHC: Correlation
Bowhead Specialty Holdings Inc. (BOW) and La Rosa Holdings Corp. (LRHC) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BOW and LRHC?
On 3 years of weekly data the BOW/LRHC correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.39) than the 3-year average (-0.22). The 5-year figure is n/a, and annualized covariance runs at -938.9 %².
Within BOW's tracked universe of 16 assets, LRHC comes in at #10 by 3-year correlation. The last year tells two different stories: BOW led by 106.9 percentage points, +7.0% for BOW against -99.9% for LRHC. Risk is not evenly split, since LRHC carries 4.0 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.
BOW vs LRHC: side by side
| BOW (Bowhead Specialty Holdings Inc.) | LRHC (La Rosa Holdings Corp.) | |
|---|---|---|
| 1-year return | +7.0% | -99.9% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 34.6% | 136.9% |
| Beta vs S&P 500 | 0.37 | 1.61 |
| Max drawdown (3Y) | -49.1% | -100.0% |
| Market cap | $1.1B | – |
| P/E (trailing) | 18.2 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BOW | LRHC |
|---|---|---|
| 2024 | – | -43.7% |
| 2025 | -19.7% | -99.1% |
| 2026 | +17.7% | -99.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BOW and LRHC good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BOW and LRHC?
The BOW/LRHC correlation stands at -0.22 on a 3-year window (1 year: -0.39, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is LRHC a good diversifier for BOW?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 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.
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Related comparisons
Hubs: BOW correlations · LRHC correlations
