PRHI vs WHLR: Correlation
Presurance Holdings, Inc. (PRHI) and Wheeler Real Estate Investment Trust, Inc. (WHLR) show a moderate relationship: their 3-year correlation of weekly returns is 0.57.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PRHI and WHLR?
Across a 3-year window, the weekly returns of PRHI and WHLR correlate at 0.57, moderate. The link has loosened recently: the 1-year correlation (-0.04) runs below the 3-year figure (0.57). Stretching to 5 years gives 0.52, with an annualized covariance of 37959.7 %².
WHLR is one of the assets that tracks PRHI most closely: it ranks #1 out of the 15 assets we track against PRHI. The last year tells two different stories: PRHI led by 121.0 percentage points, +21.0% for PRHI against -100.0% for WHLR. Note the risk asymmetry: WHLR runs 4.4 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 WHLR: side by side
| PRHI (Presurance Holdings, Inc.) | WHLR (Wheeler Real Estate Investment Trust, Inc.) | |
|---|---|---|
| 1-year return | +21.0% | -100.0% |
| 5-year return | -77.0% | -100.0% |
| Volatility (ann.) | 122.6% | 545.0% |
| Beta vs S&P 500 | 0.03 | -5.84 |
| Max drawdown (3Y) | -76.4% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | 0.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PRHI | WHLR |
|---|---|---|
| 2022 | -32.3% | -28.0% |
| 2023 | -29.9% | -98.4% |
| 2024 | +6.4% | -98.4% |
| 2025 | -39.1% | -100.0% |
| 2026 | +34.9% | -99.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PRHI and WHLR good diversifiers for each other?
Somewhat, no more. With 0.57 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between PRHI and WHLR?
The PRHI/WHLR correlation stands at 0.57 on a 3-year window (1 year: -0.04, 5 years: 0.52), computed from weekly returns as of 2026-08-27.
Is WHLR a good diversifier for PRHI?
Somewhat, no more. With 0.57 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.57 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/prhi-vs-whlr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/prhi-vs-whlr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PRHI correlations · WHLR correlations
