BTU vs PRMB: Correlation
Measured on weekly returns over the past three years, Peabody Energy Corporation (BTU) and Primo Brands Corporation (PRMB) carry a correlation of -0.21, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BTU and PRMB?
Across a 3-year window, the weekly returns of BTU and PRMB correlate at -0.21, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.28 over 1 year against -0.21 over 3. Stretching to 5 years gives -0.04, with an annualized covariance of -438.0 %².
Out of 10 assets tracked against BTU, PRMB lands near the bottom at #9. Correlation aside, the last 12 months split them widely, with BTU ahead by 87.5 points (+77.6% versus -9.9%).
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.
BTU vs PRMB: side by side
| BTU (Peabody Energy Corporation) | PRMB (Primo Brands Corporation) | |
|---|---|---|
| 1-year return | +77.6% | -9.9% |
| 5-year return | +95.9% | +43.1% |
| Volatility (ann.) | 52.8% | 39.7% |
| Beta vs S&P 500 | 0.73 | 0.62 |
| Max drawdown (3Y) | -65.1% | -59.1% |
| Market cap | $3.6B | $8.1B |
| P/E (trailing) | – | 77.4 |
| Dividend yield | 1.10% | 1.91% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BTU | PRMB |
|---|---|---|
| 2022 | +162.4% | -10.1% |
| 2023 | -7.0% | -0.9% |
| 2024 | -12.8% | +114.6% |
| 2025 | +44.2% | -46.0% |
| 2026 | -0.0% | +39.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BTU and PRMB good diversifiers for each other?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BTU and PRMB?
The BTU/PRMB correlation stands at -0.21 on a 3-year window (1 year: -0.28, 5 years: -0.04), computed from weekly returns as of 2026-08-27.
Is PRMB a good diversifier for BTU?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.21 mean?
A reading of -0.21 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: BTU correlations · PRMB correlations
