GNPX vs GPC: Correlation
How closely do Genprex, Inc. (GNPX) and Genuine Parts Company (GPC) trade together? Their weekly returns over three years give a correlation of -0.27, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GNPX and GPC?
Over the past 3 years, GNPX and GPC moved with a correlation of -0.27, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.18 versus -0.27 over 3 years. Over 5 years the correlation is -0.19, and the annualized covariance of weekly returns is -2204.9 %².
Within GNPX's tracked universe of 33 assets, GPC comes in at #28 by 3-year correlation. Correlation aside, the last 12 months split them widely, with GPC ahead by 99.4 points (-98.1% versus +1.3%). One caveat on sizing: GNPX is 8.0 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
GNPX vs GPC: side by side
| GNPX (Genprex, Inc.) | GPC (Genuine Parts Company) | |
|---|---|---|
| 1-year return | -98.1% | +1.3% |
| 5-year return | -100.0% | +27.6% |
| Volatility (ann.) | 255.0% | 31.9% |
| Beta vs S&P 500 | -0.45 | 0.66 |
| Max drawdown (3Y) | -100.0% | -39.7% |
| Market cap | – | $18.8B |
| P/E (trailing) | 0.1 | 546.8 |
| Dividend yield | 0.00% | 3.00% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | GNPX | GPC |
|---|---|---|
| 2022 | +10.7% | +26.8% |
| 2023 | -84.1% | -18.1% |
| 2024 | -90.7% | -13.2% |
| 2025 | -95.9% | +8.7% |
| 2026 | -90.6% | +13.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GNPX and GPC good diversifiers for each other?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
FAQ
What is the correlation between GNPX and GPC?
As of 2026-08-27, the correlation of weekly returns between GNPX and GPC is -0.27 over 3 years, 0.18 over 1 year and -0.19 over 5 years.
Is GPC a good diversifier for GNPX?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
What does a correlation of -0.27 mean?
On the −1 to +1 scale, -0.27 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.
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Related comparisons
Hubs: GNPX correlations · GPC correlations
