GO vs SIGA: Correlation
Measured on weekly returns over the past three years, Grocery Outlet Holding Corp. (GO) and SIGA Technologies Inc. (SIGA) carry a correlation of 0.42, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GO and SIGA?
Across a 3-year window, the weekly returns of GO and SIGA correlate at 0.42, moderate. Little has changed lately, as the 1-year reading of 0.50 lands near the 3-year figure. Stretching to 5 years gives 0.28, with an annualized covariance of 1406.4 %².
By 3-year correlation, SIGA places #4 of the 12 assets tracked against GO. The last year tells two different stories: GO led by 21.3 percentage points, -36.8% for GO against -58.1% for SIGA.
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 SIGA: side by side
| GO (Grocery Outlet Holding Corp.) | SIGA (SIGA Technologies Inc.) | |
|---|---|---|
| 1-year return | -36.8% | -58.1% |
| 5-year return | -54.0% | -27.3% |
| Volatility (ann.) | 52.6% | 64.1% |
| Beta vs S&P 500 | 0.76 | 1.22 |
| Max drawdown (3Y) | -81.7% | -70.1% |
| Market cap | $1.2B | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GO | SIGA |
|---|---|---|
| 2022 | +3.2% | +4.2% |
| 2023 | -7.6% | -17.6% |
| 2024 | -42.1% | +15.2% |
| 2025 | -35.3% | +12.3% |
| 2026 | +15.8% | -43.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GO and SIGA good diversifiers for each other?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between GO and SIGA?
The GO/SIGA correlation stands at 0.42 on a 3-year window (1 year: 0.50, 5 years: 0.28), computed from weekly returns as of 2026-08-27.
Is SIGA a good diversifier for GO?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.42 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/go-vs-siga.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/go-vs-siga/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GO correlations · SIGA correlations
