GO vs PRSO: Correlation
How closely do Grocery Outlet Holding Corp. (GO) and Peraso Inc. (PRSO) trade together? Their weekly returns over three years give a correlation of -0.28, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GO and PRSO?
On 3 years of weekly data the GO/PRSO correlation comes out at -0.28, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.44) than the 3-year average (-0.28). The 5-year figure is -0.20, and annualized covariance runs at -1928.8 %².
Among the 12 assets we track against GO, PRSO sits near the bottom by co-movement, at rank #10. Over the last 12 months PRSO came out ahead by 12.4 percentage points (-36.8% against -24.4%). Risk is not evenly split, since PRSO carries 2.5 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.
GO vs PRSO: side by side
| GO (Grocery Outlet Holding Corp.) | PRSO (Peraso Inc.) | |
|---|---|---|
| 1-year return | -36.8% | -24.4% |
| 5-year return | -54.0% | -99.7% |
| Volatility (ann.) | 52.6% | 130.5% |
| Beta vs S&P 500 | 0.76 | 0.93 |
| Max drawdown (3Y) | -81.7% | -95.6% |
| Market cap | $1.2B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GO | PRSO |
|---|---|---|
| 2022 | +3.2% | -82.6% |
| 2023 | -7.6% | -61.6% |
| 2024 | -42.1% | -89.6% |
| 2025 | -35.3% | -25.0% |
| 2026 | +15.8% | -25.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GO and PRSO good diversifiers for each other?
Yes: at -0.28, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between GO and PRSO?
The GO/PRSO correlation stands at -0.28 on a 3-year window (1 year: -0.44, 5 years: -0.20), computed from weekly returns as of 2026-08-27.
Is PRSO a good diversifier for GO?
Yes: at -0.28, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.28 mean?
On the −1 to +1 scale, -0.28 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/go-vs-prso.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/go-vs-prso/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GO correlations · PRSO correlations
