GPGI vs ODYS: Correlation
How closely do GPGI, Inc. (GPGI) and Odysight.ai Inc. (ODYS) trade together? Their weekly returns over three years give a correlation of 0.27, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GPGI and ODYS?
On 3 years of weekly data the GPGI/ODYS correlation comes out at 0.27, weak. Little has changed lately, as the 1-year reading of 0.25 lands near the 3-year figure. The 5-year figure is 0.06, and annualized covariance runs at 1257.5 %².
Out of 13 assets tracked against GPGI, ODYS lands near the bottom at #9. Their recent paths diverged sharply: over the last 12 months ODYS outperformed by 32.9 percentage points (-33.2% for GPGI against -0.3% for ODYS). Note the risk asymmetry: ODYS runs 1.6 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.
GPGI vs ODYS: side by side
| GPGI (GPGI, Inc.) | ODYS (Odysight.ai Inc.) | |
|---|---|---|
| 1-year return | -33.2% | -0.3% |
| 5-year return | +66.0% | -63.1% |
| Volatility (ann.) | 53.8% | 85.6% |
| Beta vs S&P 500 | 1.14 | 0.24 |
| Max drawdown (3Y) | -55.7% | -71.9% |
| Market cap | $3.8B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.04% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GPGI | ODYS |
|---|---|---|
| 2022 | -40.2% | -37.5% |
| 2023 | +10.0% | -39.0% |
| 2024 | +197.3% | +162.3% |
| 2025 | +51.4% | -58.8% |
| 2026 | -31.2% | +15.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GPGI and ODYS good diversifiers for each other?
A fair diversifier. At 0.27, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between GPGI and ODYS?
The GPGI/ODYS correlation stands at 0.27 on a 3-year window (1 year: 0.25, 5 years: 0.06), computed from weekly returns as of 2026-08-27.
Is ODYS a good diversifier for GPGI?
A fair diversifier. At 0.27, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.27 mean?
On the −1 to +1 scale, 0.27 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/gpgi-vs-odys.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/gpgi-vs-odys/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GPGI correlations · ODYS correlations
