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RGS vs TULP: Correlation

Measured on weekly returns over the past three years, Regis Corporation (RGS) and Bloomia Holdings, Inc. (TULP) carry a correlation of 0.26, a weak link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.26
weak
Correlation (1Y)
-0.26
last 12 months
Correlation (5Y)
0.07
long-run
Ann. covariance
3092.4
%² · weekly, annualized

How correlated are RGS and TULP?

On 3 years of weekly data the RGS/TULP correlation comes out at 0.26, weak. The past 12 months show a weaker link (-0.26) than the 3-year average (0.26). The 5-year figure is 0.07, and annualized covariance runs at 3092.4 %².

Among the 14 assets we track against RGS, TULP ranks #8 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months RGS outperformed by 60.1 percentage points (+19.7% for RGS against -40.4% for TULP). Note the risk asymmetry: RGS runs 4.3 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.

RGS vs TULP: side by side

RGS (Regis Corporation)TULP (Bloomia Holdings, Inc.)
1-year return+19.7%-40.4%
5-year return-75.3%-59.8%
Volatility (ann.)226.7%52.9%
Beta vs S&P 5000.650.08
Max drawdown (3Y)-81.1%-53.2%
Market cap
P/E (trailing)0.6
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: TULP -53.2% vs -81.1%Higher 5y return: TULP -59.8% vs -75.3%
-43%0%+26%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. RGS · TULP

Year-by-year returns

YearRGSTULP
2022-29.9%-66.2%
2023-61.3%-41.0%
2024+151.0%+5.2%
2025+17.0%-28.9%
2026-2.7%-1.4%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are RGS and TULP good diversifiers for each other?

Reasonably. At 0.26, RGS and TULP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between RGS and TULP?

As of 2026-08-27, the correlation of weekly returns between RGS and TULP is 0.26 over 3 years, -0.26 over 1 year and 0.07 over 5 years.

Is TULP a good diversifier for RGS?

Reasonably. At 0.26, RGS and TULP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.26 mean?

On the −1 to +1 scale, 0.26 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.

Use this data

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$ curl https://www.pairbook.io/api/v1/pairs/rgs-vs-tulp.json

RGS vs TULP: 3-year weekly correlation 0.26RGS vs TULP0.26

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Related comparisons

Hubs: RGS correlations · TULP correlations