GO vs SRTS: Correlation
Measured on weekly returns over the past three years, Grocery Outlet Holding Corp. (GO) and Sensus Healthcare, Inc. (SRTS) carry a correlation of -0.20, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GO and SRTS?
Over the past 3 years, GO and SRTS moved with a correlation of -0.20, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.17 over 1 year against -0.20 over 3. Over 5 years the correlation is -0.06, and the annualized covariance of weekly returns is -785.6 %².
SRTS is close to the least connected end of GO's tracked universe, ranking #8 of 12. Their recent paths diverged sharply: over the last 12 months SRTS outperformed by 42.8 percentage points (-36.8% for GO against +6.0% for SRTS).
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 SRTS: side by side
| GO (Grocery Outlet Holding Corp.) | SRTS (Sensus Healthcare, Inc.) | |
|---|---|---|
| 1-year return | -36.8% | +6.0% |
| 5-year return | -54.0% | -7.4% |
| Volatility (ann.) | 52.6% | 74.0% |
| Beta vs S&P 500 | 0.76 | 0.77 |
| Max drawdown (3Y) | -81.7% | -70.1% |
| Market cap | $1.2B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GO | SRTS |
|---|---|---|
| 2022 | +3.2% | +2.8% |
| 2023 | -7.6% | -68.2% |
| 2024 | -42.1% | +193.2% |
| 2025 | -35.3% | -42.5% |
| 2026 | +15.8% | -15.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GO and SRTS good diversifiers for each other?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
FAQ
What is the correlation between GO and SRTS?
As of 2026-08-27, the correlation of weekly returns between GO and SRTS is -0.20 over 3 years, -0.17 over 1 year and -0.06 over 5 years.
Is SRTS a good diversifier for GO?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
What does a correlation of -0.20 mean?
On the −1 to +1 scale, -0.20 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-srts.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/go-vs-srts/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GO correlations · SRTS correlations
