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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

Correlation (3Y)
0.62
strong
Correlation (1Y)
0.47
last 12 months
Correlation (5Y)
0.61
long-run
Ann. covariance
225.6
%² · weekly, annualized

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 5000.330.77
Max drawdown (3Y)-12.2%-19.6%
Market cap$22.5B$9.0B
P/E (trailing)13.511.7
Dividend yield0.23%1.54%
Sector / categoryFinancialsUS Listed
Lower P/E: PRI 11.7 vs 13.5Higher yield: PRI 1.54% vs 0.23%Smaller drawdown: L -12.2% vs -19.6%Higher 5y return: PRI +105.4% vs +100.1%
-9%0%+22%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. L · PRI

Year-by-year returns

YearLPRI
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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/l-vs-pri.json

L vs PRI: 3-year weekly correlation 0.62L vs PRI0.62

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Related comparisons

Hubs: L correlations · PRI correlations