DLPN vs GRI: Correlation
Dolphin Entertainment, Inc. (DLPN) and GRI Bio, Inc. (GRI) show a moderate relationship: their 3-year correlation of weekly returns is 0.36.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DLPN and GRI?
On 3 years of weekly data the DLPN/GRI correlation comes out at 0.36, moderate. Little has changed lately, as the 1-year reading of 0.29 lands near the 3-year figure. The 5-year figure is 0.18, and annualized covariance runs at 2425.6 %².
By 3-year correlation, GRI places #6 of the 12 assets tracked against DLPN. Their recent paths diverged sharply: over the last 12 months DLPN outperformed by 94.8 percentage points (+0.0% for DLPN against -94.8% for GRI). One caveat on sizing: GRI is 2.3 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.
DLPN vs GRI: side by side
| DLPN (Dolphin Entertainment, Inc.) | GRI (GRI Bio, Inc.) | |
|---|---|---|
| 1-year return | +0.0% | -94.8% |
| 5-year return | -95.5% | -100.0% |
| Volatility (ann.) | 54.2% | 125.8% |
| Beta vs S&P 500 | 1.10 | 1.92 |
| Max drawdown (3Y) | -78.8% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DLPN | GRI |
|---|---|---|
| 2022 | -78.8% | -95.2% |
| 2023 | -5.5% | -95.6% |
| 2024 | -68.7% | -97.6% |
| 2025 | +45.8% | -98.2% |
| 2026 | -24.4% | -70.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DLPN and GRI good diversifiers for each other?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DLPN and GRI?
Using weekly returns as of 2026-08-27: 0.36 over 3 years, with 0.29 over the last year and 0.18 over 5 years.
Is GRI a good diversifier for DLPN?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.36 mean?
A reading of 0.36 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/dlpn-vs-gri.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dlpn-vs-gri/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DLPN correlations · GRI correlations
