GEOS vs MIND: Correlation
Measured on weekly returns over the past three years, Geospace Technologies Corporation (GEOS) and MIND Technology, Inc. (MIND) carry a correlation of 0.30, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GEOS and MIND?
Across a 3-year window, the weekly returns of GEOS and MIND correlate at 0.30, moderate. The link has tightened recently: the 1-year correlation (0.54) runs above the 3-year figure (0.30). Stretching to 5 years gives 0.27, with an annualized covariance of 2079.3 %².
By 3-year correlation, MIND places #5 of the 15 assets tracked against GEOS. The last year tells two different stories: MIND led by 18.3 percentage points, -74.2% for GEOS against -55.9% for MIND.
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.
GEOS vs MIND: side by side
| GEOS (Geospace Technologies Corporation) | MIND (MIND Technology, Inc.) | |
|---|---|---|
| 1-year return | -74.2% | -55.9% |
| 5-year return | -48.1% | -77.3% |
| Volatility (ann.) | 86.6% | 79.5% |
| Beta vs S&P 500 | 0.66 | 0.91 |
| Max drawdown (3Y) | -81.9% | -70.0% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | 27.8 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GEOS | MIND |
|---|---|---|
| 2022 | -36.9% | -72.8% |
| 2023 | +207.1% | +43.3% |
| 2024 | -22.7% | +20.5% |
| 2025 | +68.8% | +10.7% |
| 2026 | -69.1% | -49.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GEOS and MIND good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.30 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between GEOS and MIND?
The GEOS/MIND correlation stands at 0.30 on a 3-year window (1 year: 0.54, 5 years: 0.27), computed from weekly returns as of 2026-08-27.
Is MIND a good diversifier for GEOS?
Yes, to a useful degree: a correlation of 0.30 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.30 mean?
A reading of 0.30 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/geos-vs-mind.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/geos-vs-mind/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GEOS correlations · MIND correlations
