GNPX vs LOB: Correlation
Genprex, Inc. (GNPX) and Live Oak Bancshares, Inc. (LOB) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GNPX and LOB?
Over the past 3 years, GNPX and LOB moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.15) sits close to the 3-year figure. Over 5 years the correlation is -0.08, and the annualized covariance of weekly returns is -2295.5 %².
By 3-year correlation, LOB places #18 of the 33 assets tracked against GNPX. Correlation aside, the last 12 months split them widely, with LOB ahead by 101.9 points (-98.1% versus +3.8%). Risk is not evenly split, since GNPX carries 6.0 times the volatility of the other side.
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 LOB: side by side
| GNPX (Genprex, Inc.) | LOB (Live Oak Bancshares, Inc.) | |
|---|---|---|
| 1-year return | -98.1% | +3.8% |
| 5-year return | -100.0% | -33.6% |
| Volatility (ann.) | 255.0% | 42.3% |
| Beta vs S&P 500 | -0.45 | 1.11 |
| Max drawdown (3Y) | -100.0% | -53.8% |
| Market cap | – | $1.9B |
| P/E (trailing) | 0.1 | 14.0 |
| Dividend yield | 0.00% | 0.30% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GNPX | LOB |
|---|---|---|
| 2022 | +10.7% | -65.3% |
| 2023 | -84.1% | +51.3% |
| 2024 | -90.7% | -12.8% |
| 2025 | -95.9% | -12.8% |
| 2026 | -90.6% | +16.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GNPX and LOB good diversifiers for each other?
Yes. With a correlation of -0.21, GNPX and LOB have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between GNPX and LOB?
The GNPX/LOB correlation stands at -0.21 on a 3-year window (1 year: -0.15, 5 years: -0.08), computed from weekly returns as of 2026-08-27.
Is LOB a good diversifier for GNPX?
Yes. With a correlation of -0.21, GNPX and LOB have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.21 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/gnpx-vs-lob.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gnpx-vs-lob/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GNPX correlations · LOB correlations
