GNPX vs TXT: Correlation
How closely do Genprex, Inc. (GNPX) and Textron (TXT) trade together? Their weekly returns over three years give a correlation of -0.19, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GNPX and TXT?
Across a 3-year window, the weekly returns of GNPX and TXT correlate at -0.19, 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 -0.19 over 3 years. Stretching to 5 years gives -0.08, with an annualized covariance of -1245.4 %².
Within GNPX's tracked universe of 33 assets, TXT comes in at #16 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months TXT outperformed by 98.8 percentage points (-98.1% for GNPX against +0.7% for TXT). One caveat on sizing: GNPX is 10.0 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 TXT: side by side
| GNPX (Genprex, Inc.) | TXT (Textron) | |
|---|---|---|
| 1-year return | -98.1% | +0.7% |
| 5-year return | -100.0% | +15.1% |
| Volatility (ann.) | 255.0% | 25.4% |
| Beta vs S&P 500 | -0.45 | 0.89 |
| Max drawdown (3Y) | -100.0% | -37.3% |
| Market cap | – | $14.2B |
| P/E (trailing) | 0.1 | 15.7 |
| Dividend yield | 0.00% | 0.10% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | GNPX | TXT |
|---|---|---|
| 2022 | +10.7% | -8.2% |
| 2023 | -84.1% | +13.7% |
| 2024 | -90.7% | -4.8% |
| 2025 | -95.9% | +14.1% |
| 2026 | -90.6% | -5.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GNPX and TXT good diversifiers for each other?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
FAQ
What is the correlation between GNPX and TXT?
As of 2026-08-27, the correlation of weekly returns between GNPX and TXT is -0.19 over 3 years, -0.01 over 1 year and -0.08 over 5 years.
Is TXT a good diversifier for GNPX?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
What does a correlation of -0.19 mean?
A reading of -0.19 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/gnpx-vs-txt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gnpx-vs-txt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GNPX correlations · TXT correlations
