PRPL vs ROL: Correlation
Measured on weekly returns over the past three years, Purple Innovation, Inc. (PRPL) and Rollins, Inc. (ROL) carry a correlation of -0.36, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PRPL and ROL?
Over the past 3 years, PRPL and ROL moved with a correlation of -0.36, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.52) than the 3-year average (-0.36). Over 5 years the correlation is -0.25, and the annualized covariance of weekly returns is -12337.1 %².
Among the 10 assets we track against PRPL, ROL sits near the bottom by co-movement, at rank #8. The last year tells two different stories: PRPL led by 340.2 percentage points, +304.5% for PRPL against -35.7% for ROL. Note the risk asymmetry: PRPL runs 63.2 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.
PRPL vs ROL: side by side
| PRPL (Purple Innovation, Inc.) | ROL (Rollins, Inc.) | |
|---|---|---|
| 1-year return | +304.5% | -35.7% |
| 5-year return | -82.0% | -1.8% |
| Volatility (ann.) | 1465.4% | 23.2% |
| Beta vs S&P 500 | -2.51 | 0.51 |
| Max drawdown (3Y) | -87.4% | -44.6% |
| Market cap | – | $17.3B |
| P/E (trailing) | – | 32.7 |
| Dividend yield | 0.00% | 1.94% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | PRPL | ROL |
|---|---|---|
| 2022 | -63.9% | +8.1% |
| 2023 | -78.3% | +21.2% |
| 2024 | -24.3% | +7.6% |
| 2025 | -11.4% | +31.1% |
| 2026 | +549.8% | -39.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PRPL and ROL good diversifiers for each other?
Yes. With a correlation of -0.36, PRPL and ROL have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between PRPL and ROL?
The PRPL/ROL correlation stands at -0.36 on a 3-year window (1 year: -0.52, 5 years: -0.25), computed from weekly returns as of 2026-08-27.
Is ROL a good diversifier for PRPL?
Yes. With a correlation of -0.36, PRPL and ROL have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.36 mean?
A reading of -0.36 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/prpl-vs-rol.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/prpl-vs-rol/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: PRPL correlations · ROL correlations
