GPAT vs MRT: Correlation
How closely do GP-Act III Acquisition Corp. - Class A (GPAT) and Marti Technologies, Inc. Class A (MRT) trade together? Their weekly returns over three years give a correlation of -0.22, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GPAT and MRT?
Over the past 3 years, GPAT and MRT moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.49 versus -0.22 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -50.8 %².
Among the 22 assets we track against GPAT, MRT ranks #15 by 3-year correlation. On 12-month performance GPAT holds a 11.8-point edge, +3.4% against -8.4%. Note the risk asymmetry: MRT runs 25.3 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
GPAT vs MRT: side by side
| GPAT (GP-Act III Acquisition Corp. - Class A) | MRT (Marti Technologies, Inc. Class A) | |
|---|---|---|
| 1-year return | +3.4% | -8.4% |
| 5-year return | n/a | -76.5% |
| Volatility (ann.) | 3.2% | 81.0% |
| Beta vs S&P 500 | 0.05 | 0.38 |
| Max drawdown (3Y) | -2.1% | -65.3% |
| Market cap | $0.2B | $0.2B |
| P/E (trailing) | 44.6 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GPAT | MRT |
|---|---|---|
| 2022 | – | +3.1% |
| 2023 | – | -93.6% |
| 2024 | – | +421.5% |
| 2025 | +5.4% | -30.1% |
| 2026 | +2.2% | -3.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GPAT and MRT good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between GPAT and MRT?
The GPAT/MRT correlation stands at -0.22 on a 3-year window (1 year: -0.49, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is MRT a good diversifier for GPAT?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 mean?
A reading of -0.22 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/gpat-vs-mrt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gpat-vs-mrt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GPAT correlations · MRT correlations
