EONR vs GSIW: Correlation
Measured on weekly returns over the past three years, EON Resources Inc. (EONR) and Garden Stage Limited - Class A (GSIW) carry a correlation of 0.36, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EONR and GSIW?
Over the past 3 years, EONR and GSIW moved with a correlation of 0.36, which is moderate. The link has tightened recently: the 1-year correlation (0.48) runs above the 3-year figure (0.36). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 7717.9 %².
In EONR's tracked universe of 10 assets, GSIW sits right near the top at #2. Their recent paths diverged sharply: over the last 12 months EONR outperformed by 74.6 percentage points (+50.1% for EONR against -24.5% for GSIW).
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.
EONR vs GSIW: side by side
| EONR (EON Resources Inc.) | GSIW (Garden Stage Limited - Class A) | |
|---|---|---|
| 1-year return | +50.1% | -24.5% |
| 5-year return | -94.8% | n/a |
| Volatility (ann.) | 138.7% | 159.9% |
| Beta vs S&P 500 | -0.81 | 1.06 |
| Max drawdown (3Y) | -97.7% | -99.7% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EONR | GSIW |
|---|---|---|
| 2023 | -80.2% | – |
| 2024 | -59.5% | -91.5% |
| 2025 | -53.2% | -80.6% |
| 2026 | +36.1% | -41.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EONR and GSIW 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 EONR and GSIW?
Using weekly returns as of 2026-08-27: 0.36 over 3 years, with 0.48 over the last year and n/a over 5 years.
Is GSIW a good diversifier for EONR?
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?
On the −1 to +1 scale, 0.36 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/eonr-vs-gsiw.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/eonr-vs-gsiw/)
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Related comparisons
Hubs: EONR correlations · GSIW correlations
