SACH vs STHO: Correlation
How closely do Sachem Capital Corp. (SACH) and Star Holdings - Shares of Beneficial Interest (STHO) trade together? Their weekly returns over three years give a correlation of 0.42, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SACH and STHO?
Over the past 3 years, SACH and STHO moved with a correlation of 0.42, which is moderate. The past 12 months show a weaker link (0.30) than the 3-year average (0.42). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 646.7 %².
In SACH's tracked universe of 10 assets, STHO sits right near the top at #2. Their recent paths diverged sharply: over the last 12 months STHO outperformed by 31.9 percentage points (-15.2% for SACH against +16.7% for STHO).
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.
SACH vs STHO: side by side
| SACH (Sachem Capital Corp.) | STHO (Star Holdings - Shares of Beneficial Interest) | |
|---|---|---|
| 1-year return | -15.2% | +16.7% |
| 5-year return | -65.5% | n/a |
| Volatility (ann.) | 43.9% | 35.5% |
| Beta vs S&P 500 | 0.62 | 0.88 |
| Max drawdown (3Y) | -78.7% | -59.4% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | 8.0 |
| Dividend yield | 11.36% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SACH | STHO |
|---|---|---|
| 2022 | -35.8% | – |
| 2023 | +29.5% | – |
| 2024 | -60.5% | -35.0% |
| 2025 | -9.2% | -15.4% |
| 2026 | -8.4% | +19.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SACH and STHO good diversifiers for each other?
Reasonably. At 0.42, SACH and STHO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between SACH and STHO?
The SACH/STHO correlation stands at 0.42 on a 3-year window (1 year: 0.30, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is STHO a good diversifier for SACH?
Reasonably. At 0.42, SACH and STHO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.42 mean?
A reading of 0.42 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/sach-vs-stho.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/sach-vs-stho/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: SACH correlations · STHO correlations
