AVNW vs GEO: Correlation
Measured on weekly returns over the past three years, Aviat Networks, Inc. (AVNW) and Geo Group Inc (The) REIT (GEO) carry a correlation of -0.27, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AVNW and GEO?
Across a 3-year window, the weekly returns of AVNW and GEO correlate at -0.27, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.12) than the 3-year average (-0.27). Stretching to 5 years gives -0.10, with an annualized covariance of -862.6 %².
Among the 13 assets we track against AVNW, GEO sits near the bottom by co-movement, at rank #11. Their recent paths diverged sharply: over the last 12 months GEO outperformed by 63.3 percentage points (-6.6% for AVNW against +56.7% for GEO).
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.
AVNW vs GEO: side by side
| AVNW (Aviat Networks, Inc.) | GEO (Geo Group Inc (The) REIT) | |
|---|---|---|
| 1-year return | -6.6% | +56.7% |
| 5-year return | -39.7% | +328.4% |
| Volatility (ann.) | 50.7% | 62.4% |
| Beta vs S&P 500 | 0.79 | 1.22 |
| Max drawdown (3Y) | -64.3% | -62.5% |
| Market cap | $0.3B | $4.3B |
| P/E (trailing) | 31.1 | 15.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AVNW | GEO |
|---|---|---|
| 2022 | -2.8% | +41.3% |
| 2023 | +4.7% | -1.1% |
| 2024 | -44.5% | +158.4% |
| 2025 | +18.1% | -42.4% |
| 2026 | +0.3% | +102.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AVNW and GEO good diversifiers for each other?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AVNW and GEO?
Using weekly returns as of 2026-08-27: -0.27 over 3 years, with -0.12 over the last year and -0.10 over 5 years.
Is GEO a good diversifier for AVNW?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.27 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/avnw-vs-geo.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/avnw-vs-geo/)
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Related comparisons
Hubs: AVNW correlations · GEO correlations
