PairBook
HomeCOUR › COUR vs GPRO

COUR vs GPRO: Correlation

Measured on weekly returns over the past three years, Coursera, Inc. (COUR) and GoPro, Inc. (GPRO) carry a correlation of 0.48, a moderate link.

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

Correlation (3Y)
0.48
moderate
Correlation (1Y)
0.50
last 12 months
Correlation (5Y)
0.44
long-run
Ann. covariance
2731.7
%² · weekly, annualized

How correlated are COUR and GPRO?

Over the past 3 years, COUR and GPRO moved with a correlation of 0.48, which is moderate. The relationship has been stable: the 1-year correlation (0.50) sits close to the 3-year figure. Over 5 years the correlation is 0.44, and the annualized covariance of weekly returns is 2731.7 %².

GPRO is one of the assets that tracks COUR most closely: it ranks #2 out of the 14 assets we track against COUR. Their recent paths diverged sharply: over the last 12 months COUR outperformed by 20.9 percentage points (-43.5% for COUR against -64.4% for GPRO). One caveat on sizing: GPRO is 1.6 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.

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.

COUR vs GPRO: side by side

COUR (Coursera, Inc.)GPRO (GoPro, Inc.)
1-year return-43.5%-64.4%
5-year return-83.3%-93.9%
Volatility (ann.)58.8%96.8%
Beta vs S&P 5001.142.84
Max drawdown (3Y)-75.8%-87.2%
Market cap$1.8B$0.1B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: COUR -75.8% vs -87.2%Higher 5y return: COUR -83.3% vs -93.9%
-60%0%+63%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. COUR · GPRO

Year-by-year returns

YearCOURGPRO
2022-51.6%-51.7%
2023+63.7%-30.3%
2024-56.1%-68.6%
2025-13.4%+29.4%
2026-13.2%-57.1%

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

Are COUR and GPRO good diversifiers for each other?

Reasonably. At 0.48, COUR and GPRO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

FAQ

What is the correlation between COUR and GPRO?

As of 2026-08-27, the correlation of weekly returns between COUR and GPRO is 0.48 over 3 years, 0.50 over 1 year and 0.44 over 5 years.

Is GPRO a good diversifier for COUR?

Reasonably. At 0.48, COUR and GPRO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.

What does a correlation of 0.48 mean?

On the −1 to +1 scale, 0.48 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/cour-vs-gpro.json

COUR vs GPRO: 3-year weekly correlation 0.48COUR vs GPRO0.48

Embed this badge (it refreshes with the data), with attribution:

[![COUR vs GPRO correlation](https://www.pairbook.io/api/v1/badge/cour-vs-gpro.svg)](https://www.pairbook.io/pair/cour-vs-gpro/)

No key needed, free to use. Full endpoint list in the API documentation.

Related comparisons

Hubs: COUR correlations · GPRO correlations