FLL vs RRR: Correlation
Measured on weekly returns over the past three years, Full House Resorts, Inc. (FLL) and Red Rock Resorts, Inc. (RRR) carry a correlation of 0.46, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FLL and RRR?
Across a 3-year window, the weekly returns of FLL and RRR correlate at 0.46, moderate. The relationship has been stable: the 1-year correlation (0.38) sits close to the 3-year figure. Stretching to 5 years gives 0.47, with an annualized covariance of 871.1 %².
Few assets follow FLL as closely as RRR, which ranks #1 of 15 tracked partners. Their recent paths diverged sharply: over the last 12 months RRR outperformed by 41.4 percentage points (-45.6% for FLL against -4.2% for RRR). Risk is not evenly split, since FLL carries 1.9 times the volatility of the other side.
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.
FLL vs RRR: side by side
| FLL (Full House Resorts, Inc.) | RRR (Red Rock Resorts, Inc.) | |
|---|---|---|
| 1-year return | -45.6% | -4.2% |
| 5-year return | -75.5% | +60.9% |
| Volatility (ann.) | 59.8% | 32.0% |
| Beta vs S&P 500 | 1.44 | 0.90 |
| Max drawdown (3Y) | -66.2% | -38.6% |
| Market cap | $0.1B | $6.0B |
| P/E (trailing) | – | 20.6 |
| Dividend yield | 0.00% | 1.73% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FLL | RRR |
|---|---|---|
| 2022 | -37.9% | -23.7% |
| 2023 | -28.6% | +36.3% |
| 2024 | -24.0% | -10.1% |
| 2025 | -36.0% | +39.5% |
| 2026 | -21.1% | -3.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FLL and RRR good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between FLL and RRR?
Using weekly returns as of 2026-08-27: 0.46 over 3 years, with 0.38 over the last year and 0.47 over 5 years.
Is RRR a good diversifier for FLL?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.46 mean?
A reading of 0.46 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/fll-vs-rrr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fll-vs-rrr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FLL correlations · RRR correlations
