L vs PRI: Correlation
Measured on weekly returns over the past three years, Loews Corporation (L) and Primerica, Inc. (PRI) carry a correlation of 0.62, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are L and PRI?
Over the past 3 years, L and PRI moved with a correlation of 0.62, which is strong. The past 12 months show a weaker link (0.47) than the 3-year average (0.62). Over 5 years the correlation is 0.61, and the annualized covariance of weekly returns is 225.6 %².
Among the 54 assets we track against L, PRI ranks #21 by 3-year correlation. Twelve-month performance is nearly a tie, at +14.2% for L and +9.9% for PRI.
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.
L vs PRI: side by side
| L (Loews Corporation) | PRI (Primerica, Inc.) | |
|---|---|---|
| 1-year return | +14.2% | +9.9% |
| 5-year return | +100.1% | +105.4% |
| Volatility (ann.) | 16.6% | 21.7% |
| Beta vs S&P 500 | 0.33 | 0.77 |
| Max drawdown (3Y) | -12.2% | -19.6% |
| Market cap | $22.5B | $9.0B |
| P/E (trailing) | 13.5 | 11.7 |
| Dividend yield | 0.23% | 1.54% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | L | PRI |
|---|---|---|
| 2022 | +1.4% | -5.9% |
| 2023 | +19.8% | +47.1% |
| 2024 | +22.1% | +33.6% |
| 2025 | +24.7% | -3.3% |
| 2026 | +4.5% | +14.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are L and PRI good diversifiers for each other?
Only partially. A correlation of 0.62 means L and PRI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between L and PRI?
As of 2026-08-27, the correlation of weekly returns between L and PRI is 0.62 over 3 years, 0.47 over 1 year and 0.61 over 5 years.
Is PRI a good diversifier for L?
Only partially. A correlation of 0.62 means L and PRI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.62 mean?
On the −1 to +1 scale, 0.62 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/l-vs-pri.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/l-vs-pri/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: L correlations · PRI correlations