COLL vs RHP: Correlation
How closely do Collegium Pharmaceutical, Inc. (COLL) and Ryman Hospitality Properties, Inc. (REIT) (RHP) trade together? Their weekly returns over three years give a correlation of 0.47, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are COLL and RHP?
On 3 years of weekly data the COLL/RHP correlation comes out at 0.47, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.66 versus 0.47 over 3 years. The 5-year figure is 0.23, and annualized covariance runs at 415.7 %².
RHP is one of the assets that tracks COLL most closely: it ranks #1 out of the 15 assets we track against COLL. Correlation aside, the last 12 months split them widely, with RHP ahead by 68.2 points (-31.8% versus +36.4%). Risk is not evenly split, since COLL carries 1.6 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.
COLL vs RHP: side by side
| COLL (Collegium Pharmaceutical, Inc.) | RHP (Ryman Hospitality Properties, Inc. (REIT)) | |
|---|---|---|
| 1-year return | -31.8% | +36.4% |
| 5-year return | +30.2% | +87.5% |
| Volatility (ann.) | 38.1% | 23.4% |
| Beta vs S&P 500 | 0.41 | 0.65 |
| Max drawdown (3Y) | -48.4% | -32.1% |
| Market cap | $0.8B | $8.9B |
| P/E (trailing) | 20.8 | 31.6 |
| Dividend yield | 0.00% | 3.64% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | COLL | RHP |
|---|---|---|
| 2022 | +24.2% | -10.7% |
| 2023 | +32.7% | +40.4% |
| 2024 | -6.9% | -1.1% |
| 2025 | +61.6% | -4.8% |
| 2026 | -42.9% | +39.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are COLL and RHP good diversifiers for each other?
Reasonably. At 0.47, COLL and RHP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between COLL and RHP?
The COLL/RHP correlation stands at 0.47 on a 3-year window (1 year: 0.66, 5 years: 0.23), computed from weekly returns as of 2026-08-27.
Is RHP a good diversifier for COLL?
Reasonably. At 0.47, COLL and RHP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.47 mean?
On the −1 to +1 scale, 0.47 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/coll-vs-rhp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/coll-vs-rhp/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: COLL correlations · RHP correlations
