IHRT vs SENEB: Correlation
iHeartMedia, Inc. (IHRT) and Seneca Foods Corp. (SENEB) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IHRT and SENEB?
On 3 years of weekly data the IHRT/SENEB correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.23) sits close to the 3-year figure. The 5-year figure is -0.14, and annualized covariance runs at -712.4 %².
Out of 10 assets tracked against IHRT, SENEB lands near the bottom at #8. Their recent paths diverged sharply: over the last 12 months SENEB outperformed by 52.3 percentage points (+20.6% for IHRT against +72.9% for SENEB). Risk is not evenly split, since IHRT carries 2.9 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.
IHRT vs SENEB: side by side
| IHRT (iHeartMedia, Inc.) | SENEB (Seneca Foods Corp.) | |
|---|---|---|
| 1-year return | +20.6% | +72.9% |
| 5-year return | -89.2% | +292.8% |
| Volatility (ann.) | 97.6% | 33.7% |
| Beta vs S&P 500 | 1.73 | 0.14 |
| Max drawdown (3Y) | -77.2% | -22.4% |
| Market cap | $0.4B | $1.3B |
| P/E (trailing) | – | 11.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IHRT | SENEB |
|---|---|---|
| 2022 | -70.9% | +28.5% |
| 2023 | -56.4% | -14.7% |
| 2024 | -25.8% | +53.7% |
| 2025 | +110.1% | +38.0% |
| 2026 | -35.3% | +76.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IHRT and SENEB good diversifiers for each other?
Yes. With a correlation of -0.22, IHRT and SENEB have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between IHRT and SENEB?
As of 2026-08-27, the correlation of weekly returns between IHRT and SENEB is -0.22 over 3 years, -0.23 over 1 year and -0.14 over 5 years.
Is SENEB a good diversifier for IHRT?
Yes. With a correlation of -0.22, IHRT and SENEB have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 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/ihrt-vs-seneb.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ihrt-vs-seneb/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: IHRT correlations · SENEB correlations
