FLNT vs GEG: Correlation
Measured on weekly returns over the past three years, Fluent, Inc. (FLNT) and Great Elm Group, Inc. (GEG) carry a correlation of -0.23, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FLNT and GEG?
Across a 3-year window, the weekly returns of FLNT and GEG correlate at -0.23, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.12 versus -0.23 over 3 years. Stretching to 5 years gives -0.03, with an annualized covariance of -594.0 %².
GEG is close to the least connected end of FLNT's tracked universe, ranking #9 of 10. Their recent paths diverged sharply: over the last 12 months FLNT outperformed by 63.9 percentage points (+53.5% for FLNT against -10.4% for GEG). Note the risk asymmetry: FLNT runs 2.4 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.
FLNT vs GEG: side by side
| FLNT (Fluent, Inc.) | GEG (Great Elm Group, Inc.) | |
|---|---|---|
| 1-year return | +53.5% | -10.4% |
| 5-year return | -77.2% | -7.3% |
| Volatility (ann.) | 78.8% | 33.0% |
| Beta vs S&P 500 | 1.29 | 0.15 |
| Max drawdown (3Y) | -65.8% | -41.4% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FLNT | GEG |
|---|---|---|
| 2022 | -45.2% | -3.3% |
| 2023 | -38.5% | -4.0% |
| 2024 | -37.3% | -6.7% |
| 2025 | -4.8% | +40.9% |
| 2026 | +54.2% | -15.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FLNT and GEG good diversifiers for each other?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
FAQ
What is the correlation between FLNT and GEG?
The FLNT/GEG correlation stands at -0.23 on a 3-year window (1 year: -0.12, 5 years: -0.03), computed from weekly returns as of 2026-08-27.
Is GEG a good diversifier for FLNT?
By historical standards, yes. A correlation of -0.23 means the two rarely move for the same reasons.
What does a correlation of -0.23 mean?
A reading of -0.23 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/flnt-vs-geg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/flnt-vs-geg/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FLNT correlations · GEG correlations
