AUR vs GP: Correlation
Measured on weekly returns over the past three years, Aurora Innovation, Inc. (AUR) and GreenPower Motor Company Inc. (GP) carry a correlation of 0.34, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AUR and GP?
On 3 years of weekly data the AUR/GP correlation comes out at 0.34, moderate. Little has changed lately, as the 1-year reading of 0.42 lands near the 3-year figure. The 5-year figure is 0.32, and annualized covariance runs at 2918.3 %².
By 3-year correlation, GP places #8 of the 13 assets tracked against AUR. Correlation aside, the last 12 months split them widely, with AUR ahead by 60.8 points (-0.5% versus -61.3%).
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.
AUR vs GP: side by side
| AUR (Aurora Innovation, Inc.) | GP (GreenPower Motor Company Inc.) | |
|---|---|---|
| 1-year return | -0.5% | -61.3% |
| 5-year return | -42.3% | -99.0% |
| Volatility (ann.) | 81.8% | 104.8% |
| Beta vs S&P 500 | 2.61 | 1.76 |
| Max drawdown (3Y) | -63.0% | -98.0% |
| Market cap | $11.4B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AUR | GP |
|---|---|---|
| 2022 | -89.3% | -81.8% |
| 2023 | +261.2% | +80.9% |
| 2024 | +44.2% | -75.4% |
| 2025 | -39.0% | -89.9% |
| 2026 | +48.2% | +71.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AUR and GP good diversifiers for each other?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between AUR and GP?
Using weekly returns as of 2026-08-27: 0.34 over 3 years, with 0.42 over the last year and 0.32 over 5 years.
Is GP a good diversifier for AUR?
A fair diversifier. At 0.34, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.34 mean?
A reading of 0.34 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/aur-vs-gp.json
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Related comparisons
Hubs: AUR correlations · GP correlations
