HAS vs LOW: Correlation
Hasbro (HAS) and Lowe's (LOW) show a moderate relationship: their 3-year correlation of weekly returns is 0.39.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HAS and LOW?
On 3 years of weekly data the HAS/LOW correlation comes out at 0.39, moderate. Recent behaviour matches the longer record: 0.39 over 1 year against 0.39 over 3. The 5-year figure is 0.41, and annualized covariance runs at 310.2 %².
By 3-year correlation, LOW places #19 of the 36 assets tracked against HAS. The last year tells two different stories: HAS led by 37.6 percentage points, +19.2% for HAS against -18.4% for LOW. The link looks structural: the rolling one-year correlation barely moved, holding between 0.31 and 0.55.
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.
HAS vs LOW: side by side
| HAS (Hasbro) | LOW (Lowe's) | |
|---|---|---|
| 1-year return | +19.2% | -18.4% |
| 5-year return | +17.1% | +11.1% |
| Volatility (ann.) | 31.7% | 24.8% |
| Beta vs S&P 500 | 0.86 | 0.83 |
| Max drawdown (3Y) | -40.3% | -29.0% |
| Market cap | $13.3B | – |
| P/E (trailing) | 17.1 | 17.8 |
| Dividend yield | 2.91% | 2.31% |
| Sector / category | Consumer Discretionary | Consumer Discretionary |
Year-by-year returns
| Year | HAS | LOW |
|---|---|---|
| 2022 | -37.9% | -21.5% |
| 2023 | -11.9% | +14.0% |
| 2024 | +14.8% | +13.0% |
| 2025 | +52.5% | -0.3% |
| 2026 | +17.5% | -12.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HAS and LOW good diversifiers for each other?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between HAS and LOW?
As of 2026-08-27, the correlation of weekly returns between HAS and LOW is 0.39 over 3 years, 0.39 over 1 year and 0.41 over 5 years.
Is LOW a good diversifier for HAS?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.39 mean?
A reading of 0.39 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/has-vs-low.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/has-vs-low/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: HAS correlations · LOW correlations
