GAUZ vs RHP: Correlation
Measured on weekly returns over the past three years, Gauzy Ltd. (GAUZ) and Ryman Hospitality Properties, Inc. (REIT) (RHP) carry a correlation of -0.31, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GAUZ and RHP?
On 3 years of weekly data the GAUZ/RHP correlation comes out at -0.31, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.42) than the 3-year average (-0.31). The 5-year figure is n/a, and annualized covariance runs at -883.2 %².
RHP is close to the least connected end of GAUZ's tracked universe, ranking #8 of 10. Correlation aside, the last 12 months split them widely, with RHP ahead by 127.9 points (-91.5% versus +36.4%). One caveat on sizing: GAUZ is 5.1 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.
GAUZ vs RHP: side by side
| GAUZ (Gauzy Ltd.) | RHP (Ryman Hospitality Properties, Inc. (REIT)) | |
|---|---|---|
| 1-year return | -91.5% | +36.4% |
| 5-year return | n/a | +87.5% |
| Volatility (ann.) | 118.3% | 23.4% |
| Beta vs S&P 500 | 1.25 | 0.65 |
| Max drawdown (3Y) | -98.5% | -32.1% |
| Market cap | – | $8.9B |
| P/E (trailing) | – | 31.6 |
| Dividend yield | 0.00% | 3.64% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GAUZ | RHP |
|---|---|---|
| 2022 | – | -10.7% |
| 2023 | – | +40.4% |
| 2024 | – | -1.1% |
| 2025 | -87.0% | -4.8% |
| 2026 | -65.0% | +39.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GAUZ and RHP good diversifiers for each other?
Yes: at -0.31, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between GAUZ and RHP?
Using weekly returns as of 2026-08-27: -0.31 over 3 years, with -0.42 over the last year and n/a over 5 years.
Is RHP a good diversifier for GAUZ?
Yes: at -0.31, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.31 mean?
On the −1 to +1 scale, -0.31 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/gauz-vs-rhp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gauz-vs-rhp/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GAUZ correlations · RHP correlations
