LONA vs PRHI: Correlation
Measured on weekly returns over the past three years, LeonaBio, Inc. (LONA) and Presurance Holdings, Inc. (PRHI) carry a correlation of -0.30, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LONA and PRHI?
On 3 years of weekly data the LONA/PRHI correlation comes out at -0.30, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.13) than the 3-year average (-0.30). The 5-year figure is -0.23, and annualized covariance runs at -3815.4 %².
Out of 11 assets tracked against LONA, PRHI lands near the bottom at #9. The last year tells two different stories: LONA led by 76.2 percentage points, +97.2% for LONA against +21.0% for PRHI.
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.
LONA vs PRHI: side by side
| LONA (LeonaBio, Inc.) | PRHI (Presurance Holdings, Inc.) | |
|---|---|---|
| 1-year return | +97.2% | +21.0% |
| 5-year return | -92.6% | -77.0% |
| Volatility (ann.) | 104.6% | 122.6% |
| Beta vs S&P 500 | 1.80 | 0.03 |
| Max drawdown (3Y) | -94.5% | -76.4% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LONA | PRHI |
|---|---|---|
| 2022 | -75.7% | -32.3% |
| 2023 | -23.3% | -29.9% |
| 2024 | -75.8% | +6.4% |
| 2025 | +29.0% | -39.1% |
| 2026 | +4.2% | +34.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LONA and PRHI good diversifiers for each other?
Yes. With a correlation of -0.30, LONA and PRHI have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between LONA and PRHI?
As of 2026-08-27, the correlation of weekly returns between LONA and PRHI is -0.30 over 3 years, -0.13 over 1 year and -0.23 over 5 years.
Is PRHI a good diversifier for LONA?
Yes. With a correlation of -0.30, LONA and PRHI have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.30 mean?
A reading of -0.30 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/lona-vs-prhi.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/lona-vs-prhi/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LONA correlations · PRHI correlations
