GBLI vs RGCO: Correlation
Measured on weekly returns over the past three years, Global Indemnity Group, LLC - Class A (GBLI) and RGC Resources Inc. (RGCO) carry a correlation of -0.26, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GBLI and RGCO?
On 3 years of weekly data the GBLI/RGCO correlation comes out at -0.26, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.19 lands near the 3-year figure. The 5-year figure is -0.11, and annualized covariance runs at -176.1 %².
RGCO is close to the least connected end of GBLI's tracked universe, ranking #19 of 20. Neither side won the trailing year by much: +3.8% against +1.9%.
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.
GBLI vs RGCO: side by side
| GBLI (Global Indemnity Group, LLC - Class A) | RGCO (RGC Resources Inc.) | |
|---|---|---|
| 1-year return | +3.8% | +1.9% |
| 5-year return | +37.0% | +10.2% |
| Volatility (ann.) | 22.2% | 31.0% |
| Beta vs S&P 500 | 0.09 | 0.66 |
| Max drawdown (3Y) | -28.4% | -19.2% |
| Market cap | $0.4B | $0.2B |
| P/E (trailing) | 12.1 | 16.2 |
| Dividend yield | 4.89% | 3.91% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GBLI | RGCO |
|---|---|---|
| 2022 | -3.4% | -0.6% |
| 2023 | +42.8% | -4.1% |
| 2024 | +16.6% | +2.5% |
| 2025 | -17.6% | +10.4% |
| 2026 | +4.9% | +5.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GBLI and RGCO good diversifiers for each other?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
FAQ
What is the correlation between GBLI and RGCO?
The GBLI/RGCO correlation stands at -0.26 on a 3-year window (1 year: -0.19, 5 years: -0.11), computed from weekly returns as of 2026-08-27.
Is RGCO a good diversifier for GBLI?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
What does a correlation of -0.26 mean?
A reading of -0.26 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/gbli-vs-rgco.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gbli-vs-rgco/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GBLI correlations · RGCO correlations
