PRAA vs SSNC: Correlation
Measured on weekly returns over the past three years, PRA Group, Inc. (PRAA) and SS&C Technologies Holdings, Inc. (SSNC) carry a correlation of 0.49, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PRAA and SSNC?
Across a 3-year window, the weekly returns of PRAA and SSNC correlate at 0.49, moderate. The relationship has been stable: the 1-year correlation (0.43) sits close to the 3-year figure. Stretching to 5 years gives 0.41, with an annualized covariance of 692.1 %².
Among the 15 assets we track against PRAA, SSNC ranks #4 by 3-year correlation. The last year tells two different stories: PRAA led by 18.3 percentage points, +12.9% for PRAA against -5.4% for SSNC. One caveat on sizing: PRAA is 2.7 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
PRAA vs SSNC: side by side
| PRAA (PRA Group, Inc.) | SSNC (SS&C Technologies Holdings, Inc.) | |
|---|---|---|
| 1-year return | +12.9% | -5.4% |
| 5-year return | -53.3% | +17.5% |
| Volatility (ann.) | 62.0% | 23.0% |
| Beta vs S&P 500 | 1.15 | 0.82 |
| Max drawdown (3Y) | -62.8% | -30.4% |
| Market cap | $0.7B | $19.6B |
| P/E (trailing) | – | 23.8 |
| Dividend yield | 0.00% | 1.30% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PRAA | SSNC |
|---|---|---|
| 2022 | -32.7% | -35.7% |
| 2023 | -22.4% | +19.2% |
| 2024 | -20.3% | +25.8% |
| 2025 | -15.3% | +16.8% |
| 2026 | +9.0% | -3.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PRAA and SSNC good diversifiers for each other?
Reasonably. At 0.49, PRAA and SSNC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between PRAA and SSNC?
As of 2026-08-27, the correlation of weekly returns between PRAA and SSNC is 0.49 over 3 years, 0.43 over 1 year and 0.41 over 5 years.
Is SSNC a good diversifier for PRAA?
Reasonably. At 0.49, PRAA and SSNC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.49 mean?
A reading of 0.49 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/praa-vs-ssnc.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/praa-vs-ssnc/)
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Related comparisons
Hubs: PRAA correlations · SSNC correlations
