EZPW vs GPAT: Correlation
EZCORP, Inc. - Class A Non-Voting (EZPW) and GP-Act III Acquisition Corp. - Class A (GPAT) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EZPW and GPAT?
Over the past 3 years, EZPW and GPAT moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.22 lands near the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -21.5 %².
Among the 10 assets we track against EZPW, GPAT sits near the bottom by co-movement, at rank #9. Their recent paths diverged sharply: over the last 12 months EZPW outperformed by 106.4 percentage points (+109.8% for EZPW against +3.4% for GPAT). Note the risk asymmetry: EZPW runs 9.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
EZPW vs GPAT: side by side
| EZPW (EZCORP, Inc. - Class A Non-Voting) | GPAT (GP-Act III Acquisition Corp. - Class A) | |
|---|---|---|
| 1-year return | +109.8% | +3.4% |
| 5-year return | +400.9% | n/a |
| Volatility (ann.) | 31.0% | 3.2% |
| Beta vs S&P 500 | 0.26 | 0.05 |
| Max drawdown (3Y) | -24.2% | -2.1% |
| Market cap | $2.1B | $0.2B |
| P/E (trailing) | 17.0 | 44.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EZPW | GPAT |
|---|---|---|
| 2022 | +10.6% | – |
| 2023 | +7.2% | – |
| 2024 | +39.8% | – |
| 2025 | +58.9% | +5.4% |
| 2026 | +77.2% | +2.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EZPW and GPAT good diversifiers for each other?
Yes. With a correlation of -0.21, EZPW and GPAT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between EZPW and GPAT?
The EZPW/GPAT correlation stands at -0.21 on a 3-year window (1 year: -0.22, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is GPAT a good diversifier for EZPW?
Yes. With a correlation of -0.21, EZPW and GPAT have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.21 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ezpw-vs-gpat.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ezpw-vs-gpat/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EZPW correlations · GPAT correlations
