EAT vs RAND: Correlation
How closely do Brinker International, Inc. (EAT) and Rand Capital Corporation - Closed End Fund (RAND) trade together? Their weekly returns over three years give a correlation of -0.20, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EAT and RAND?
Over the past 3 years, EAT and RAND moved with a correlation of -0.20, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.24 lands near the 3-year figure. Over 5 years the correlation is -0.14, and the annualized covariance of weekly returns is -364.7 %².
Out of 10 assets tracked against EAT, RAND lands near the bottom at #8. Correlation aside, the last 12 months split them widely, with EAT ahead by 71.1 points (+49.4% versus -21.7%).
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.
EAT vs RAND: side by side
| EAT (Brinker International, Inc.) | RAND (Rand Capital Corporation - Closed End Fund) | |
|---|---|---|
| 1-year return | +49.4% | -21.7% |
| 5-year return | +347.9% | +9.9% |
| Volatility (ann.) | 47.1% | 38.7% |
| Beta vs S&P 500 | 0.67 | -0.01 |
| Max drawdown (3Y) | -45.9% | -60.1% |
| Market cap | $10.0B | – |
| P/E (trailing) | 21.5 | – |
| Dividend yield | 0.00% | 10.33% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EAT | RAND |
|---|---|---|
| 2022 | -12.8% | -17.0% |
| 2023 | +35.3% | +7.5% |
| 2024 | +206.4% | +91.4% |
| 2025 | +8.5% | -34.8% |
| 2026 | +62.5% | +2.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EAT and RAND good diversifiers for each other?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
FAQ
What is the correlation between EAT and RAND?
Using weekly returns as of 2026-08-27: -0.20 over 3 years, with -0.24 over the last year and -0.14 over 5 years.
Is RAND a good diversifier for EAT?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
What does a correlation of -0.20 mean?
A reading of -0.20 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/eat-vs-rand.json
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Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: EAT correlations · RAND correlations
