RYAN vs VAL: Correlation
Ryan Specialty Holdings, Inc. (RYAN) and Valaris Limited (VAL) show a negative relationship: their 3-year correlation of weekly returns is -0.27.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RYAN and VAL?
Across a 3-year window, the weekly returns of RYAN and VAL correlate at -0.27, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.55) than the 3-year average (-0.27). Stretching to 5 years gives -0.15, with an annualized covariance of -467.6 %².
VAL is close to the least connected end of RYAN's tracked universe, ranking #14 of 16. The last year tells two different stories: VAL led by 96.6 percentage points, -23.3% for RYAN against +73.3% for VAL. Risk is not evenly split, since VAL carries 1.6 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.
RYAN vs VAL: side by side
| RYAN (Ryan Specialty Holdings, Inc.) | VAL (Valaris Limited) | |
|---|---|---|
| 1-year return | -23.3% | +73.3% |
| 5-year return | +36.6% | +200.2% |
| Volatility (ann.) | 33.3% | 52.9% |
| Beta vs S&P 500 | 0.36 | 0.77 |
| Max drawdown (3Y) | -60.9% | -63.8% |
| Market cap | $17.0B | $5.9B |
| P/E (trailing) | 58.8 | 6.3 |
| Dividend yield | 1.16% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | RYAN | VAL |
|---|---|---|
| 2022 | +2.9% | +87.8% |
| 2023 | +3.6% | +1.4% |
| 2024 | +50.9% | -35.5% |
| 2025 | -18.9% | +13.9% |
| 2026 | -14.9% | +69.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RYAN and VAL good diversifiers for each other?
Yes. With a correlation of -0.27, RYAN and VAL have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between RYAN and VAL?
The RYAN/VAL correlation stands at -0.27 on a 3-year window (1 year: -0.55, 5 years: -0.15), computed from weekly returns as of 2026-08-27.
Is VAL a good diversifier for RYAN?
Yes. With a correlation of -0.27, RYAN and VAL have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.27 mean?
A reading of -0.27 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/ryan-vs-val.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ryan-vs-val/)
Free with attribution; caching and terms are described in the API documentation.
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Hubs: RYAN correlations · VAL correlations
