BCE vs GEO: Correlation
BCE, Inc. (BCE) and Geo Group Inc (The) REIT (GEO) show a negative relationship: their 3-year correlation of weekly returns is -0.34.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BCE and GEO?
Over the past 3 years, BCE and GEO moved with a correlation of -0.34, which is negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.08) than the 3-year average (-0.34). Over 5 years the correlation is -0.21, and the annualized covariance of weekly returns is -451.2 %².
Out of 27 assets tracked against BCE, GEO lands near the bottom at #27. Correlation aside, the last 12 months split them widely, with GEO ahead by 58.1 points (-1.4% versus +56.7%). Note the risk asymmetry: GEO runs 2.9 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.
BCE vs GEO: side by side
| BCE (BCE, Inc.) | GEO (Geo Group Inc (The) REIT) | |
|---|---|---|
| 1-year return | -1.4% | +56.7% |
| 5-year return | -36.8% | +328.4% |
| Volatility (ann.) | 21.5% | 62.4% |
| Beta vs S&P 500 | -0.06 | 1.22 |
| Max drawdown (3Y) | -43.5% | -62.5% |
| Market cap | $21.8B | $4.3B |
| P/E (trailing) | 4.8 | 15.5 |
| Dividend yield | 7.45% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BCE | GEO |
|---|---|---|
| 2022 | -10.6% | +41.3% |
| 2023 | -4.2% | -1.1% |
| 2024 | -35.5% | +158.4% |
| 2025 | +10.2% | -42.4% |
| 2026 | +0.8% | +102.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BCE and GEO good diversifiers for each other?
Yes: at -0.34, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BCE and GEO?
The BCE/GEO correlation stands at -0.34 on a 3-year window (1 year: -0.08, 5 years: -0.21), computed from weekly returns as of 2026-08-27.
Is GEO a good diversifier for BCE?
Yes: at -0.34, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.34 mean?
On the −1 to +1 scale, -0.34 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
$ curl https://www.pairbook.io/api/v1/pairs/bce-vs-geo.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bce-vs-geo/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BCE correlations · GEO correlations
