GEN vs PBR: Correlation
Measured on weekly returns over the past three years, Gen Digital (GEN) and Petroleo Brasileiro S.A. Petrobras (PBR) carry a correlation of -0.19, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GEN and PBR?
Across a 3-year window, the weekly returns of GEN and PBR correlate at -0.19, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.50) than the 3-year average (-0.19). Stretching to 5 years gives -0.04, with an annualized covariance of -195.4 %².
Among the 36 assets we track against GEN, PBR ranks #31 by 3-year correlation. The last year tells two different stories: PBR led by 54.9 percentage points, +1.2% for GEN against +56.1% for PBR.
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.
GEN vs PBR: side by side
| GEN (Gen Digital) | PBR (Petroleo Brasileiro S.A. Petrobras) | |
|---|---|---|
| 1-year return | +1.2% | +56.1% |
| 5-year return | +26.3% | +417.1% |
| Volatility (ann.) | 31.7% | 32.9% |
| Beta vs S&P 500 | 1.02 | -0.08 |
| Max drawdown (3Y) | -43.6% | -26.9% |
| Market cap | $18.3B | $117.6B |
| P/E (trailing) | 17.3 | 4.5 |
| Dividend yield | 1.69% | 20.65% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | GEN | PBR |
|---|---|---|
| 2022 | -15.8% | +57.2% |
| 2023 | +9.3% | +89.2% |
| 2024 | +22.4% | -2.3% |
| 2025 | +1.1% | -1.1% |
| 2026 | +13.9% | +60.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GEN and PBR good diversifiers for each other?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
FAQ
What is the correlation between GEN and PBR?
The GEN/PBR correlation stands at -0.19 on a 3-year window (1 year: -0.50, 5 years: -0.04), computed from weekly returns as of 2026-08-27.
Is PBR a good diversifier for GEN?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
What does a correlation of -0.19 mean?
On the −1 to +1 scale, -0.19 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/gen-vs-pbr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/gen-vs-pbr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GEN correlations · PBR correlations
