ESCA vs PRHI: Correlation
Measured on weekly returns over the past three years, Escalade, Incorporated (ESCA) and Presurance Holdings, Inc. (PRHI) carry a correlation of -0.23, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ESCA and PRHI?
On 3 years of weekly data the ESCA/PRHI correlation comes out at -0.23, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.30 lands near the 3-year figure. The 5-year figure is -0.13, and annualized covariance runs at -1023.9 %².
Among the 11 assets we track against ESCA, PRHI sits near the bottom by co-movement, at rank #9. Their recent paths diverged sharply: over the last 12 months ESCA outperformed by 41.2 percentage points (+62.2% for ESCA against +21.0% for PRHI). One caveat on sizing: PRHI is 3.4 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
ESCA vs PRHI: side by side
| ESCA (Escalade, Incorporated) | PRHI (Presurance Holdings, Inc.) | |
|---|---|---|
| 1-year return | +62.2% | +21.0% |
| 5-year return | +6.6% | -77.0% |
| Volatility (ann.) | 36.5% | 122.6% |
| Beta vs S&P 500 | 0.59 | 0.03 |
| Max drawdown (3Y) | -42.7% | -76.4% |
| Market cap | $0.3B | – |
| P/E (trailing) | 11.9 | – |
| Dividend yield | 3.03% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ESCA | PRHI |
|---|---|---|
| 2022 | -32.2% | -32.3% |
| 2023 | +104.0% | -29.9% |
| 2024 | -25.9% | +6.4% |
| 2025 | -1.5% | -39.1% |
| 2026 | +52.8% | +34.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ESCA and PRHI good diversifiers for each other?
Yes. With a correlation of -0.23, ESCA and PRHI have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ESCA and PRHI?
The ESCA/PRHI correlation stands at -0.23 on a 3-year window (1 year: -0.30, 5 years: -0.13), computed from weekly returns as of 2026-08-27.
Is PRHI a good diversifier for ESCA?
Yes. With a correlation of -0.23, ESCA and PRHI have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.23 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
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Related comparisons
Hubs: ESCA correlations · PRHI correlations
