PRSU vs WASH: Correlation
How closely do Pursuit Attractions and Hospitality, Inc. (PRSU) and Washington Trust Bancorp, Inc. (WASH) trade together? Their weekly returns over three years give a correlation of 0.56, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PRSU and WASH?
Across a 3-year window, the weekly returns of PRSU and WASH correlate at 0.56, moderate. The past 12 months show a weaker link (0.38) than the 3-year average (0.56). Stretching to 5 years gives 0.41, with an annualized covariance of 752.5 %².
By 3-year correlation, WASH places #4 of the 13 assets tracked against PRSU. On 12-month performance WASH holds a 6.9-point edge, +33.2% against +40.1%.
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.
PRSU vs WASH: side by side
| PRSU (Pursuit Attractions and Hospitality, Inc.) | WASH (Washington Trust Bancorp, Inc.) | |
|---|---|---|
| 1-year return | +33.2% | +40.1% |
| 5-year return | +15.6% | +4.8% |
| Volatility (ann.) | 38.8% | 34.9% |
| Beta vs S&P 500 | 1.24 | 1.04 |
| Max drawdown (3Y) | -40.2% | -32.3% |
| Market cap | $1.4B | $0.8B |
| P/E (trailing) | 33.8 | 13.7 |
| Dividend yield | 0.00% | 5.64% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PRSU | WASH |
|---|---|---|
| 2022 | -43.0% | -12.5% |
| 2023 | +48.4% | -26.1% |
| 2024 | +17.4% | +2.7% |
| 2025 | -20.8% | +1.7% |
| 2026 | +46.4% | +41.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PRSU and WASH good diversifiers for each other?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between PRSU and WASH?
The PRSU/WASH correlation stands at 0.56 on a 3-year window (1 year: 0.38, 5 years: 0.41), computed from weekly returns as of 2026-08-27.
Is WASH a good diversifier for PRSU?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.56 mean?
A reading of 0.56 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/prsu-vs-wash.json
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Related comparisons
Hubs: PRSU correlations · WASH correlations
