GNPX vs RMCF: Correlation
Measured on weekly returns over the past three years, Genprex, Inc. (GNPX) and Rocky Mountain Chocolate Factory, Inc. (RMCF) carry a correlation of 0.36, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GNPX and RMCF?
Across a 3-year window, the weekly returns of GNPX and RMCF correlate at 0.36, moderate. The past 12 months show a weaker link (0.14) than the 3-year average (0.36). Stretching to 5 years gives 0.31, with an annualized covariance of 6219.7 %².
Among the 33 assets we track against GNPX, RMCF ranks #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with RMCF ahead by 78.2 points (-98.1% versus -19.9%). Note the risk asymmetry: GNPX runs 3.7 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.
GNPX vs RMCF: side by side
| GNPX (Genprex, Inc.) | RMCF (Rocky Mountain Chocolate Factory, Inc.) | |
|---|---|---|
| 1-year return | -98.1% | -19.9% |
| 5-year return | -100.0% | -84.3% |
| Volatility (ann.) | 255.0% | 68.5% |
| Beta vs S&P 500 | -0.45 | 0.77 |
| Max drawdown (3Y) | -100.0% | -87.0% |
| Market cap | – | – |
| P/E (trailing) | 0.1 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GNPX | RMCF |
|---|---|---|
| 2022 | +10.7% | -27.4% |
| 2023 | -84.1% | -19.3% |
| 2024 | -90.7% | -47.2% |
| 2025 | -95.9% | -21.8% |
| 2026 | -90.6% | -38.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GNPX and RMCF good diversifiers for each other?
Reasonably. At 0.36, GNPX and RMCF keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between GNPX and RMCF?
Using weekly returns as of 2026-08-27: 0.36 over 3 years, with 0.14 over the last year and 0.31 over 5 years.
Is RMCF a good diversifier for GNPX?
Reasonably. At 0.36, GNPX and RMCF keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.36 mean?
A reading of 0.36 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: GNPX correlations · RMCF correlations
