HTH vs LMNR: Correlation
Measured on weekly returns over the past three years, Hilltop Holdings Inc. (HTH) and Limoneira Co (LMNR) carry a correlation of 0.50, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HTH and LMNR?
On 3 years of weekly data the HTH/LMNR correlation comes out at 0.50, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.34 versus 0.50 over 3 years. The 5-year figure is 0.24, and annualized covariance runs at 384.6 %².
Within HTH's tracked universe of 14 assets, LMNR comes in at #7 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months HTH outperformed by 26.0 percentage points (+11.8% for HTH against -14.2% for LMNR).
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.
HTH vs LMNR: side by side
| HTH (Hilltop Holdings Inc.) | LMNR (Limoneira Co) | |
|---|---|---|
| 1-year return | +11.8% | -14.2% |
| 5-year return | +29.0% | -8.4% |
| Volatility (ann.) | 24.1% | 32.1% |
| Beta vs S&P 500 | 0.61 | 0.61 |
| Max drawdown (3Y) | -21.8% | -58.1% |
| Market cap | $2.2B | $0.2B |
| P/E (trailing) | 14.3 | – |
| Dividend yield | 1.97% | 1.67% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HTH | LMNR |
|---|---|---|
| 2022 | -12.9% | -16.7% |
| 2023 | +19.8% | +72.0% |
| 2024 | -16.9% | +20.2% |
| 2025 | +21.3% | -47.3% |
| 2026 | +15.5% | +7.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HTH and LMNR good diversifiers for each other?
To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between HTH and LMNR?
Using weekly returns as of 2026-08-27: 0.50 over 3 years, with 0.34 over the last year and 0.24 over 5 years.
Is LMNR a good diversifier for HTH?
To a limited degree. At 0.50 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.50 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/hth-vs-lmnr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/hth-vs-lmnr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: HTH correlations · LMNR correlations
