GM vs MLGO: Correlation
Measured on weekly returns over the past three years, General Motors (GM) and MicroAlgo, Inc. (MLGO) carry a correlation of -0.16, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GM and MLGO?
Over the past 3 years, GM and MLGO moved with a correlation of -0.16, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.16 versus -0.16 over 3 years. Over 5 years the correlation is -0.10, and the annualized covariance of weekly returns is -2583.9 %².
Within GM's tracked universe of 35 assets, MLGO comes in at #26 by 3-year correlation. Correlation aside, the last 12 months split them widely, with GM ahead by 100.9 points (+48.0% versus -52.9%). Note the risk asymmetry: MLGO runs 15.2 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
GM vs MLGO: side by side
| GM (General Motors) | MLGO (MicroAlgo, Inc.) | |
|---|---|---|
| 1-year return | +48.0% | -52.9% |
| 5-year return | +82.5% | -100.0% |
| Volatility (ann.) | 32.2% | 489.7% |
| Beta vs S&P 500 | 0.98 | -2.77 |
| Max drawdown (3Y) | -29.1% | -100.0% |
| Market cap | $77.9B | – |
| P/E (trailing) | 38.6 | 1.9 |
| Dividend yield | 0.76% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | GM | MLGO |
|---|---|---|
| 2022 | -42.4% | -87.6% |
| 2023 | +7.9% | -27.0% |
| 2024 | +49.8% | -97.9% |
| 2025 | +54.2% | -96.1% |
| 2026 | +6.5% | -6.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GM and MLGO good diversifiers for each other?
By historical standards, yes. A correlation of -0.16 means the two rarely move for the same reasons.
FAQ
What is the correlation between GM and MLGO?
As of 2026-08-27, the correlation of weekly returns between GM and MLGO is -0.16 over 3 years, 0.16 over 1 year and -0.10 over 5 years.
Is MLGO a good diversifier for GM?
By historical standards, yes. A correlation of -0.16 means the two rarely move for the same reasons.
What does a correlation of -0.16 mean?
A reading of -0.16 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/gm-vs-mlgo.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gm-vs-mlgo/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GM correlations · MLGO correlations
