GORO vs TEM: Correlation
How closely do Goldgroup Mining Inc. (GORO) and Tempus AI, Inc. (TEM) trade together? Their weekly returns over three years give a correlation of 0.40, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GORO and TEM?
Over the past 3 years, GORO and TEM moved with a correlation of 0.40, which is moderate. The past 12 months show a weaker link (0.23) than the 3-year average (0.40). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 5287.2 %².
In GORO's tracked universe of 12 assets, TEM sits right near the top at #1. Their recent paths diverged sharply: over the last 12 months GORO outperformed by 25.0 percentage points (+21.5% for GORO against -3.5% for TEM).
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.
GORO vs TEM: side by side
| GORO (Goldgroup Mining Inc.) | TEM (Tempus AI, Inc.) | |
|---|---|---|
| 1-year return | +21.5% | -3.5% |
| 5-year return | +215.8% | n/a |
| Volatility (ann.) | 154.1% | 104.7% |
| Beta vs S&P 500 | 1.39 | 3.25 |
| Max drawdown (3Y) | -75.0% | -59.8% |
| Market cap | $0.5B | $12.8B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GORO | TEM |
|---|---|---|
| 2022 | -73.3% | – |
| 2023 | -75.0% | – |
| 2024 | +450.0% | – |
| 2025 | +936.4% | +74.9% |
| 2026 | -16.9% | +19.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GORO and TEM good diversifiers for each other?
Reasonably. At 0.40, GORO and TEM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between GORO and TEM?
Using weekly returns as of 2026-08-27: 0.40 over 3 years, with 0.23 over the last year and n/a over 5 years.
Is TEM a good diversifier for GORO?
Reasonably. At 0.40, GORO and TEM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.40 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/goro-vs-tem.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/goro-vs-tem/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GORO correlations · TEM correlations
