PRHI vs UTSI: Correlation
Measured on weekly returns over the past three years, Presurance Holdings, Inc. (PRHI) and UTStarcom Holdings Corp (UTSI) carry a correlation of -0.26, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PRHI and UTSI?
Over the past 3 years, PRHI and UTSI moved with a correlation of -0.26, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.28 over 1 year against -0.26 over 3. Over 5 years the correlation is -0.12, and the annualized covariance of weekly returns is -1538.1 %².
Out of 15 assets tracked against PRHI, UTSI lands near the bottom at #13. Correlation aside, the last 12 months split them widely, with PRHI ahead by 28.9 points (+21.0% versus -7.9%). Risk is not evenly split, since PRHI carries 2.5 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.
PRHI vs UTSI: side by side
| PRHI (Presurance Holdings, Inc.) | UTSI (UTStarcom Holdings Corp) | |
|---|---|---|
| 1-year return | +21.0% | -7.9% |
| 5-year return | -77.0% | -54.7% |
| Volatility (ann.) | 122.6% | 48.3% |
| Beta vs S&P 500 | 0.03 | 0.72 |
| Max drawdown (3Y) | -76.4% | -48.1% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PRHI | UTSI |
|---|---|---|
| 2022 | -32.3% | +2.0% |
| 2023 | -29.9% | -3.1% |
| 2024 | +6.4% | -15.7% |
| 2025 | -39.1% | -12.4% |
| 2026 | +34.9% | -7.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PRHI and UTSI good diversifiers for each other?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
FAQ
What is the correlation between PRHI and UTSI?
The PRHI/UTSI correlation stands at -0.26 on a 3-year window (1 year: -0.28, 5 years: -0.12), computed from weekly returns as of 2026-08-27.
Is UTSI a good diversifier for PRHI?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
What does a correlation of -0.26 mean?
A reading of -0.26 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/prhi-vs-utsi.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/prhi-vs-utsi/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: PRHI correlations · UTSI correlations
