DXR vs PRIM: Correlation
How closely do Daxor Corporation - Closed End Fund (DXR) and Primoris Services Corporation (PRIM) trade together? Their weekly returns over three years give a correlation of 0.31, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DXR and PRIM?
Across a 3-year window, the weekly returns of DXR and PRIM correlate at 0.31, moderate. Little has changed lately, as the 1-year reading of 0.28 lands near the 3-year figure. Stretching to 5 years gives 0.24, with an annualized covariance of 630.0 %².
PRIM is one of the assets that tracks DXR most closely: it ranks #3 out of the 10 assets we track against DXR. Their recent paths diverged sharply: over the last 12 months DXR outperformed by 19.5 percentage points (-14.7% for DXR against -34.2% for PRIM).
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.
DXR vs PRIM: side by side
| DXR (Daxor Corporation - Closed End Fund) | PRIM (Primoris Services Corporation) | |
|---|---|---|
| 1-year return | -14.7% | -34.2% |
| 5-year return | +1.8% | +212.4% |
| Volatility (ann.) | 39.6% | 50.6% |
| Beta vs S&P 500 | 0.48 | 1.49 |
| Max drawdown (3Y) | -39.9% | -63.1% |
| Market cap | $0.1B | $4.2B |
| P/E (trailing) | 6.1 | 30.7 |
| Dividend yield | 0.00% | 0.41% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DXR | PRIM |
|---|---|---|
| 2022 | -18.9% | -7.5% |
| 2023 | +4.8% | +52.6% |
| 2024 | -19.9% | +131.1% |
| 2025 | +91.8% | +63.1% |
| 2026 | -34.4% | -37.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DXR and PRIM good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.31 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DXR and PRIM?
The DXR/PRIM correlation stands at 0.31 on a 3-year window (1 year: 0.28, 5 years: 0.24), computed from weekly returns as of 2026-08-27.
Is PRIM a good diversifier for DXR?
Yes, to a useful degree: a correlation of 0.31 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.31 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dxr-vs-prim.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dxr-vs-prim/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DXR correlations · PRIM correlations
