GEO vs WTTR: Correlation
How closely do Geo Group Inc (The) REIT (GEO) and Select Water Solutions, Inc. (WTTR) trade together? Their weekly returns over three years give a correlation of 0.52, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GEO and WTTR?
On 3 years of weekly data the GEO/WTTR correlation comes out at 0.52, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.24 versus 0.52 over 3 years. The 5-year figure is 0.44, and annualized covariance runs at 1441.2 %².
Among the 11 assets we track against GEO, WTTR ranks #4 by 3-year correlation. The last year tells two different stories: WTTR led by 83.7 percentage points, +56.7% for GEO against +140.4% for WTTR.
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.
GEO vs WTTR: side by side
| GEO (Geo Group Inc (The) REIT) | WTTR (Select Water Solutions, Inc.) | |
|---|---|---|
| 1-year return | +56.7% | +140.4% |
| 5-year return | +328.4% | +303.0% |
| Volatility (ann.) | 62.4% | 44.1% |
| Beta vs S&P 500 | 1.22 | 0.91 |
| Max drawdown (3Y) | -62.5% | -50.7% |
| Market cap | $4.3B | $2.8B |
| P/E (trailing) | 15.5 | 69.8 |
| Dividend yield | 0.00% | 1.46% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GEO | WTTR |
|---|---|---|
| 2022 | +41.3% | +49.2% |
| 2023 | -1.1% | -15.6% |
| 2024 | +158.4% | +79.2% |
| 2025 | -42.4% | -18.3% |
| 2026 | +102.2% | +88.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GEO and WTTR good diversifiers for each other?
Somewhat, no more. With 0.52 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between GEO and WTTR?
Using weekly returns as of 2026-08-27: 0.52 over 3 years, with 0.24 over the last year and 0.44 over 5 years.
Is WTTR a good diversifier for GEO?
Somewhat, no more. With 0.52 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.52 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/geo-vs-wttr.json
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Related comparisons
Hubs: GEO correlations · WTTR correlations
