GGR vs INLX: Correlation
Measured on weekly returns over the past three years, Gogoro Inc. (GGR) and Intellinetics, Inc. (INLX) carry a correlation of -0.21, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GGR and INLX?
On 3 years of weekly data the GGR/INLX correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.12 over 1 year against -0.21 over 3. The 5-year figure is -0.15, and annualized covariance runs at -924.1 %².
INLX is close to the least connected end of GGR's tracked universe, ranking #9 of 10. Correlation aside, the last 12 months split them widely, with INLX ahead by 18.9 points (-65.3% versus -46.4%).
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.
GGR vs INLX: side by side
| GGR (Gogoro Inc.) | INLX (Intellinetics, Inc.) | |
|---|---|---|
| 1-year return | -65.3% | -46.4% |
| 5-year return | -98.7% | +7.4% |
| Volatility (ann.) | 73.2% | 60.0% |
| Beta vs S&P 500 | 1.20 | -0.07 |
| Max drawdown (3Y) | -96.4% | -65.9% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GGR | INLX |
|---|---|---|
| 2022 | -67.8% | -43.5% |
| 2023 | -18.9% | +18.5% |
| 2024 | -80.6% | +171.7% |
| 2025 | -72.6% | -42.0% |
| 2026 | -6.2% | -34.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GGR and INLX good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between GGR and INLX?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.12 over the last year and -0.15 over 5 years.
Is INLX a good diversifier for GGR?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 mean?
A reading of -0.21 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/ggr-vs-inlx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ggr-vs-inlx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GGR correlations · INLX correlations
