ELF vs LRHC: Correlation
How closely do e.l.f. Beauty, Inc. (ELF) and La Rosa Holdings Corp. (LRHC) trade together? Their weekly returns over three years give a correlation of 0.29, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ELF and LRHC?
Over the past 3 years, ELF and LRHC moved with a correlation of 0.29, which is weak. The relationship has been stable: the 1-year correlation (0.29) sits close to the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 2716.0 %².
Among the 14 assets we track against ELF, LRHC ranks #9 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months ELF outperformed by 84.9 percentage points (-15.0% for ELF against -99.9% for LRHC). Note the risk asymmetry: LRHC runs 2.0 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
ELF vs LRHC: side by side
| ELF (e.l.f. Beauty, Inc.) | LRHC (La Rosa Holdings Corp.) | |
|---|---|---|
| 1-year return | -15.0% | -99.9% |
| 5-year return | +244.4% | n/a |
| Volatility (ann.) | 67.7% | 136.9% |
| Beta vs S&P 500 | 2.00 | 1.61 |
| Max drawdown (3Y) | -77.3% | -100.0% |
| Market cap | $6.3B | – |
| P/E (trailing) | 108.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ELF | LRHC |
|---|---|---|
| 2022 | +66.5% | – |
| 2023 | +161.0% | – |
| 2024 | -13.0% | -43.7% |
| 2025 | -39.4% | -99.1% |
| 2026 | +39.6% | -99.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ELF and LRHC good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.29 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ELF and LRHC?
The ELF/LRHC correlation stands at 0.29 on a 3-year window (1 year: 0.29, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is LRHC a good diversifier for ELF?
Yes, to a useful degree: a correlation of 0.29 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.29 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/elf-vs-lrhc.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/elf-vs-lrhc/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ELF correlations · LRHC correlations
