GLOB vs PRPO: Correlation
Measured on weekly returns over the past three years, Globant S.A. (GLOB) and Precipio, Inc. (PRPO) carry a correlation of -0.20, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GLOB and PRPO?
Across a 3-year window, the weekly returns of GLOB and PRPO correlate at -0.20, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.01 versus -0.20 over 3 years. Stretching to 5 years gives -0.01, with an annualized covariance of -736.1 %².
PRPO is close to the least connected end of GLOB's tracked universe, ranking #9 of 12. Correlation aside, the last 12 months split them widely, with PRPO ahead by 132.7 points (-40.8% versus +91.9%).
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.
GLOB vs PRPO: side by side
| GLOB (Globant S.A.) | PRPO (Precipio, Inc.) | |
|---|---|---|
| 1-year return | -40.8% | +91.9% |
| 5-year return | -87.5% | -55.4% |
| Volatility (ann.) | 50.9% | 71.4% |
| Beta vs S&P 500 | 1.27 | 0.51 |
| Max drawdown (3Y) | -88.9% | -55.6% |
| Market cap | $1.7B | $0.1B |
| P/E (trailing) | 15.2 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GLOB | PRPO |
|---|---|---|
| 2022 | -46.5% | -65.1% |
| 2023 | +41.5% | -41.0% |
| 2024 | -9.9% | -14.8% |
| 2025 | -69.5% | +314.8% |
| 2026 | -38.5% | +27.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GLOB and PRPO good diversifiers for each other?
Yes. With a correlation of -0.20, GLOB and PRPO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between GLOB and PRPO?
Using weekly returns as of 2026-08-27: -0.20 over 3 years, with -0.01 over the last year and -0.01 over 5 years.
Is PRPO a good diversifier for GLOB?
Yes. With a correlation of -0.20, GLOB and PRPO have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.20 mean?
On the −1 to +1 scale, -0.20 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/glob-vs-prpo.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/glob-vs-prpo/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GLOB correlations · PRPO correlations
