BVC vs GPOR: Correlation
BitVentures Limited (BVC) and Gulfport Energy Corporation (GPOR) 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 BVC and GPOR?
Across a 3-year window, the weekly returns of BVC and GPOR correlate at -0.27, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.46) than the 3-year average (-0.27). Stretching to 5 years gives -0.17, with an annualized covariance of -4175.0 %².
Out of 19 assets tracked against BVC, GPOR lands near the bottom at #19. Their recent paths diverged sharply: over the last 12 months BVC outperformed by 1819.9 percentage points (+1822.0% for BVC against +2.1% for GPOR). Note the risk asymmetry: BVC runs 14.7 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.
BVC vs GPOR: side by side
| BVC (BitVentures Limited) | GPOR (Gulfport Energy Corporation) | |
|---|---|---|
| 1-year return | +1822.0% | +2.1% |
| 5-year return | +74.6% | +166.3% |
| Volatility (ann.) | 476.9% | 32.5% |
| Beta vs S&P 500 | 1.30 | 0.51 |
| Max drawdown (3Y) | -97.2% | -32.5% |
| Market cap | $2.1B | $3.1B |
| P/E (trailing) | 8.3 | 6.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BVC | GPOR |
|---|---|---|
| 2022 | +1.2% | +2.2% |
| 2023 | -67.4% | +80.9% |
| 2024 | -33.5% | +38.3% |
| 2025 | -7.3% | +12.9% |
| 2026 | +1002.6% | -15.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BVC and GPOR 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 BVC and GPOR?
The BVC/GPOR correlation stands at -0.27 on a 3-year window (1 year: -0.46, 5 years: -0.17), computed from weekly returns as of 2026-08-27.
Is GPOR a good diversifier for BVC?
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?
On the −1 to +1 scale, -0.27 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/bvc-vs-gpor.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bvc-vs-gpor/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BVC correlations · GPOR correlations
