LINC vs PRDO: Correlation
Measured on weekly returns over the past three years, Lincoln Educational Services Corporation (LINC) and Perdoceo Education Corporation (PRDO) carry a correlation of 0.48, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LINC and PRDO?
Over the past 3 years, LINC and PRDO moved with a correlation of 0.48, which is moderate. Recent behaviour matches the longer record: 0.58 over 1 year against 0.48 over 3. Over 5 years the correlation is 0.43, and the annualized covariance of weekly returns is 874.3 %².
Within LINC's tracked universe of 10 assets, PRDO comes in at #4 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months LINC outperformed by 24.3 percentage points (+29.2% for LINC 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.
LINC vs PRDO: side by side
| LINC (Lincoln Educational Services Corporation) | PRDO (Perdoceo Education Corporation) | |
|---|---|---|
| 1-year return | +29.2% | +4.9% |
| 5-year return | +298.9% | +228.8% |
| Volatility (ann.) | 49.6% | 36.8% |
| Beta vs S&P 500 | 0.89 | 0.42 |
| Max drawdown (3Y) | -55.4% | -27.2% |
| Market cap | $0.8B | $2.1B |
| P/E (trailing) | 35.2 | 12.2 |
| Dividend yield | 0.00% | 1.85% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LINC | PRDO |
|---|---|---|
| 2022 | -22.5% | +18.2% |
| 2023 | +73.4% | +28.0% |
| 2024 | +57.6% | +54.0% |
| 2025 | +52.7% | +12.9% |
| 2026 | +5.1% | +16.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LINC and PRDO good diversifiers for each other?
Reasonably. At 0.48, LINC and PRDO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between LINC and PRDO?
As of 2026-08-27, the correlation of weekly returns between LINC and PRDO is 0.48 over 3 years, 0.58 over 1 year and 0.43 over 5 years.
Is PRDO a good diversifier for LINC?
Reasonably. At 0.48, LINC and PRDO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.48 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/linc-vs-prdo.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/linc-vs-prdo/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LINC correlations · PRDO correlations
