LAUR vs PRDO: Correlation
Measured on weekly returns over the past three years, Laureate Education, Inc. (LAUR) and Perdoceo Education Corporation (PRDO) carry a correlation of 0.53, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LAUR and PRDO?
On 3 years of weekly data the LAUR/PRDO correlation comes out at 0.53, moderate. Recent behaviour matches the longer record: 0.61 over 1 year against 0.53 over 3. The 5-year figure is 0.42, and annualized covariance runs at 534.0 %².
In LAUR's tracked universe of 10 assets, PRDO sits right near the top at #1. Their recent paths diverged sharply: over the last 12 months LAUR outperformed by 37.9 percentage points (+42.8% for LAUR against +4.9% for PRDO).
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.
LAUR vs PRDO: side by side
| LAUR (Laureate Education, Inc.) | PRDO (Perdoceo Education Corporation) | |
|---|---|---|
| 1-year return | +42.8% | +4.9% |
| 5-year return | +426.4% | +228.8% |
| Volatility (ann.) | 27.2% | 36.8% |
| Beta vs S&P 500 | 0.57 | 0.42 |
| Max drawdown (3Y) | -16.3% | -27.2% |
| Market cap | $5.4B | $2.1B |
| P/E (trailing) | 17.5 | 12.2 |
| Dividend yield | 0.00% | 1.85% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LAUR | PRDO |
|---|---|---|
| 2022 | -9.9% | +18.2% |
| 2023 | +50.2% | +28.0% |
| 2024 | +33.4% | +54.0% |
| 2025 | +84.1% | +12.9% |
| 2026 | +15.9% | +16.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LAUR and PRDO good diversifiers for each other?
To a limited degree. At 0.53 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 LAUR and PRDO?
As of 2026-08-27, the correlation of weekly returns between LAUR and PRDO is 0.53 over 3 years, 0.61 over 1 year and 0.42 over 5 years.
Is PRDO a good diversifier for LAUR?
To a limited degree. At 0.53 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 0.53 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/laur-vs-prdo.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/laur-vs-prdo/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LAUR correlations · PRDO correlations
