ENVA vs RSSS: Correlation
Enova International, Inc. (ENVA) and Research Solutions, Inc (RSSS) show a moderate relationship: their 3-year correlation of weekly returns is 0.34.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ENVA and RSSS?
Over the past 3 years, ENVA and RSSS moved with a correlation of 0.34, which is moderate. The link has tightened recently: the 1-year correlation (0.48) runs above the 3-year figure (0.34). Over 5 years the correlation is 0.32, and the annualized covariance of weekly returns is 527.7 %².
Among the 16 assets we track against ENVA, RSSS sits near the bottom by co-movement, at rank #13. Correlation aside, the last 12 months split them widely, with ENVA ahead by 126.3 points (+98.1% versus -28.2%).
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.
ENVA vs RSSS: side by side
| ENVA (Enova International, Inc.) | RSSS (Research Solutions, Inc) | |
|---|---|---|
| 1-year return | +98.1% | -28.2% |
| 5-year return | +622.4% | -15.0% |
| Volatility (ann.) | 40.6% | 38.5% |
| Beta vs S&P 500 | 1.27 | 0.22 |
| Max drawdown (3Y) | -30.0% | -48.9% |
| Market cap | $5.9B | $0.1B |
| P/E (trailing) | 17.6 | 14.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ENVA | RSSS |
|---|---|---|
| 2022 | -6.3% | -22.0% |
| 2023 | +44.3% | +35.4% |
| 2024 | +73.2% | +59.6% |
| 2025 | +64.0% | -29.2% |
| 2026 | +51.0% | -24.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ENVA and RSSS good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ENVA and RSSS?
Using weekly returns as of 2026-08-27: 0.34 over 3 years, with 0.48 over the last year and 0.32 over 5 years.
Is RSSS a good diversifier for ENVA?
Yes, to a useful degree: a correlation of 0.34 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.34 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/enva-vs-rsss.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/enva-vs-rsss/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ENVA correlations · RSSS correlations
