BOXL vs HHS: Correlation
Boxlight Corporation (BOXL) and Harte Hanks, Inc. (HHS) show a moderate relationship: their 3-year correlation of weekly returns is 0.46.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BOXL and HHS?
On 3 years of weekly data the BOXL/HHS correlation comes out at 0.46, moderate. The past 12 months show a tighter link (0.67) than the 3-year average (0.46). The 5-year figure is 0.35, and annualized covariance runs at 4036.0 %².
By 3-year correlation, HHS places #5 of the 10 assets tracked against BOXL. The last year tells two different stories: HHS led by 110.7 percentage points, -90.8% for BOXL against +19.9% for HHS. Risk is not evenly split, since BOXL carries 2.0 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.
BOXL vs HHS: side by side
| BOXL (Boxlight Corporation) | HHS (Harte Hanks, Inc.) | |
|---|---|---|
| 1-year return | -90.8% | +19.9% |
| 5-year return | -99.8% | -33.4% |
| Volatility (ann.) | 131.7% | 67.2% |
| Beta vs S&P 500 | 1.16 | 0.84 |
| Max drawdown (3Y) | -99.3% | -77.2% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BOXL | HHS |
|---|---|---|
| 2022 | -77.5% | +53.8% |
| 2023 | -57.0% | -41.9% |
| 2024 | -64.3% | -24.2% |
| 2025 | -85.2% | -41.6% |
| 2026 | -40.2% | +43.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BOXL and HHS good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BOXL and HHS?
As of 2026-08-27, the correlation of weekly returns between BOXL and HHS is 0.46 over 3 years, 0.67 over 1 year and 0.35 over 5 years.
Is HHS a good diversifier for BOXL?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.46 mean?
On the −1 to +1 scale, 0.46 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/boxl-vs-hhs.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/boxl-vs-hhs/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BOXL correlations · HHS correlations
