ORBS vs PRHI: Correlation
How closely do Eightco Holdings Inc. (ORBS) and Presurance Holdings, Inc. (PRHI) trade together? Their weekly returns over three years give a correlation of 0.29, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ORBS and PRHI?
Across a 3-year window, the weekly returns of ORBS and PRHI correlate at 0.29, weak. Lately the two have moved closer together, with the 1-year correlation at 0.50 versus 0.29 over 3 years. Stretching to 5 years gives 0.27, with an annualized covariance of 20637.0 %².
By 3-year correlation, PRHI places #16 of the 28 assets tracked against ORBS. The last year tells two different stories: PRHI led by 65.9 percentage points, -44.9% for ORBS against +21.0% for PRHI. Risk is not evenly split, since ORBS carries 4.7 times the volatility of the other side.
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.
ORBS vs PRHI: side by side
| ORBS (Eightco Holdings Inc.) | PRHI (Presurance Holdings, Inc.) | |
|---|---|---|
| 1-year return | -44.9% | +21.0% |
| 5-year return | -100.0% | -77.0% |
| Volatility (ann.) | 575.8% | 122.6% |
| Beta vs S&P 500 | 3.91 | 0.03 |
| Max drawdown (3Y) | -98.7% | -76.4% |
| Market cap | $0.3B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ORBS | PRHI |
|---|---|---|
| 2022 | – | -32.3% |
| 2023 | -94.6% | -29.9% |
| 2024 | -14.8% | +6.4% |
| 2025 | -21.0% | -39.1% |
| 2026 | -52.6% | +34.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ORBS and PRHI good diversifiers for each other?
Reasonably. At 0.29, ORBS and PRHI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ORBS and PRHI?
The ORBS/PRHI correlation stands at 0.29 on a 3-year window (1 year: 0.50, 5 years: 0.27), computed from weekly returns as of 2026-08-27.
Is PRHI a good diversifier for ORBS?
Reasonably. At 0.29, ORBS and PRHI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.29 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/orbs-vs-prhi.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/orbs-vs-prhi/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ORBS correlations · PRHI correlations
