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CL vs GEOS: Correlation

Measured on weekly returns over the past three years, Colgate-Palmolive (CL) and Geospace Technologies Corporation (GEOS) carry a correlation of -0.25, a negative link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.25
negative
Correlation (1Y)
-0.35
last 12 months
Correlation (5Y)
-0.17
long-run
Ann. covariance
-362.9
%² · weekly, annualized

How correlated are CL and GEOS?

Across a 3-year window, the weekly returns of CL and GEOS correlate at -0.25, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.35 over 1 year against -0.25 over 3. Stretching to 5 years gives -0.17, with an annualized covariance of -362.9 %².

GEOS is close to the least connected end of CL's tracked universe, ranking #37 of 40. Their recent paths diverged sharply: over the last 12 months CL outperformed by 84.6 percentage points (+10.4% for CL against -74.2% for GEOS). Risk is not evenly split, since GEOS carries 5.1 times the volatility of the other side.

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.

CL vs GEOS: side by side

CL (Colgate-Palmolive)GEOS (Geospace Technologies Corporation)
1-year return+10.4%-74.2%
5-year return+32.0%-48.1%
Volatility (ann.)16.9%86.6%
Beta vs S&P 5000.170.66
Max drawdown (3Y)-29.0%-81.9%
Market cap$72.5B$0.1B
P/E (trailing)36.2
Dividend yield2.27%0.00%
Sector / categoryConsumer StaplesUS Listed
Higher yield: CL 2.27% vs 0.00%Smaller drawdown: CL -29.0% vs -81.9%Higher 5y return: CL +32.0% vs -48.1%
-71%0%+44%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). CL · GEOS

Year-by-year returns

YearCLGEOS
2022-5.4%-36.9%
2023+3.8%+207.1%
2024+16.6%-22.7%
2025-11.0%+68.8%
2026+17.2%-69.1%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are CL and GEOS good diversifiers for each other?

Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between CL and GEOS?

As of 2026-08-27, the correlation of weekly returns between CL and GEOS is -0.25 over 3 years, -0.35 over 1 year and -0.17 over 5 years.

Is GEOS a good diversifier for CL?

Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.25 mean?

On the −1 to +1 scale, -0.25 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

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CL vs GEOS: 3-year weekly correlation -0.25CL vs GEOS-0.25

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Related comparisons

Hubs: CL correlations · GEOS correlations