DOCS vs GPRE: Correlation
How closely do Doximity, Inc. (DOCS) and Green Plains, Inc. (GPRE) trade together? Their weekly returns over three years give a correlation of -0.25, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DOCS and GPRE?
On 3 years of weekly data the DOCS/GPRE correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.14) than the 3-year average (-0.25). The 5-year figure is -0.10, and annualized covariance runs at -919.4 %².
Out of 15 assets tracked against DOCS, GPRE lands near the bottom at #12. Correlation aside, the last 12 months split them widely, with GPRE ahead by 103.5 points (-62.4% versus +41.1%).
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.
DOCS vs GPRE: side by side
| DOCS (Doximity, Inc.) | GPRE (Green Plains, Inc.) | |
|---|---|---|
| 1-year return | -62.4% | +41.1% |
| 5-year return | -69.1% | -58.5% |
| Volatility (ann.) | 59.8% | 62.5% |
| Beta vs S&P 500 | 1.53 | 0.65 |
| Max drawdown (3Y) | -78.3% | -90.3% |
| Market cap | $4.6B | $1.0B |
| P/E (trailing) | 29.4 | 8.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DOCS | GPRE |
|---|---|---|
| 2022 | -33.1% | -12.3% |
| 2023 | -16.4% | -17.3% |
| 2024 | +90.4% | -62.4% |
| 2025 | -17.1% | +3.4% |
| 2026 | -42.2% | +43.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DOCS and GPRE good diversifiers for each other?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
FAQ
What is the correlation between DOCS and GPRE?
As of 2026-08-27, the correlation of weekly returns between DOCS and GPRE is -0.25 over 3 years, -0.14 over 1 year and -0.10 over 5 years.
Is GPRE a good diversifier for DOCS?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
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
$ curl https://www.pairbook.io/api/v1/pairs/docs-vs-gpre.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/docs-vs-gpre/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DOCS correlations · GPRE correlations
