GEVO vs STEM: Correlation
How closely do Gevo, Inc. (GEVO) and Stem, Inc. (STEM) trade together? Their weekly returns over three years give a correlation of 0.45, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GEVO and STEM?
Over the past 3 years, GEVO and STEM moved with a correlation of 0.45, which is moderate. Little has changed lately, as the 1-year reading of 0.43 lands near the 3-year figure. Over 5 years the correlation is 0.46, and the annualized covariance of weekly returns is 5605.7 %².
Few assets follow GEVO as closely as STEM, which ranks #3 of 11 tracked partners. Correlation aside, the last 12 months split them widely, with GEVO ahead by 59.3 points (-5.6% versus -64.9%).
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.
GEVO vs STEM: side by side
| GEVO (Gevo, Inc.) | STEM (Stem, Inc.) | |
|---|---|---|
| 1-year return | -5.6% | -64.9% |
| 5-year return | -72.4% | -98.9% |
| Volatility (ann.) | 95.1% | 129.9% |
| Beta vs S&P 500 | 1.49 | 2.49 |
| Max drawdown (3Y) | -69.0% | -95.5% |
| Market cap | $0.4B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GEVO | STEM |
|---|---|---|
| 2022 | -55.6% | -52.9% |
| 2023 | -38.9% | -56.6% |
| 2024 | +80.2% | -84.5% |
| 2025 | -4.3% | +24.8% |
| 2026 | -16.0% | -62.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GEVO and STEM good diversifiers for each other?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between GEVO and STEM?
As of 2026-08-27, the correlation of weekly returns between GEVO and STEM is 0.45 over 3 years, 0.43 over 1 year and 0.46 over 5 years.
Is STEM a good diversifier for GEVO?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.45 mean?
On the −1 to +1 scale, 0.45 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/gevo-vs-stem.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/gevo-vs-stem/)
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Related comparisons
Hubs: GEVO correlations · STEM correlations
