GOGO vs YELP: Correlation
Gogo Inc. (GOGO) and Yelp Inc. (YELP) show a moderate relationship: their 3-year correlation of weekly returns is 0.39.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GOGO and YELP?
Across a 3-year window, the weekly returns of GOGO and YELP correlate at 0.39, moderate. Recent behaviour matches the longer record: 0.38 over 1 year against 0.39 over 3. Stretching to 5 years gives 0.31, with an annualized covariance of 794.3 %².
Among the 10 assets we track against GOGO, YELP ranks #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months YELP outperformed by 47.1 percentage points (-75.7% for GOGO against -28.6% for YELP). One caveat on sizing: GOGO is 1.9 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.
GOGO vs YELP: side by side
| GOGO (Gogo Inc.) | YELP (Yelp Inc.) | |
|---|---|---|
| 1-year return | -75.7% | -28.6% |
| 5-year return | -80.0% | -41.2% |
| Volatility (ann.) | 62.7% | 32.4% |
| Beta vs S&P 500 | 1.06 | 0.57 |
| Max drawdown (3Y) | -84.5% | -59.2% |
| Market cap | $0.4B | $1.2B |
| P/E (trailing) | – | 10.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GOGO | YELP |
|---|---|---|
| 2022 | +9.1% | -24.6% |
| 2023 | -31.4% | +73.2% |
| 2024 | -20.1% | -18.3% |
| 2025 | -42.4% | -21.5% |
| 2026 | -41.4% | -25.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GOGO and YELP good diversifiers for each other?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between GOGO and YELP?
Using weekly returns as of 2026-08-27: 0.39 over 3 years, with 0.38 over the last year and 0.31 over 5 years.
Is YELP a good diversifier for GOGO?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.39 mean?
A reading of 0.39 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/gogo-vs-yelp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gogo-vs-yelp/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GOGO correlations · YELP correlations
