GPRE vs LOMA: Correlation
How closely do Green Plains, Inc. (GPRE) and Loma Negra Compania Industrial Argentina Sociedad Anonima (LOMA) trade together? Their weekly returns over three years give a correlation of -0.21, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GPRE and LOMA?
Across a 3-year window, the weekly returns of GPRE and LOMA correlate at -0.21, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.14 over 1 year against -0.21 over 3. Stretching to 5 years gives -0.05, with an annualized covariance of -605.1 %².
Out of 12 assets tracked against GPRE, LOMA lands near the bottom at #10. The last year tells two different stories: GPRE led by 38.1 percentage points, +41.1% for GPRE against +3.0% for LOMA.
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.
GPRE vs LOMA: side by side
| GPRE (Green Plains, Inc.) | LOMA (Loma Negra Compania Industrial Argentina Sociedad Anonima) | |
|---|---|---|
| 1-year return | +41.1% | +3.0% |
| 5-year return | -58.5% | +76.0% |
| Volatility (ann.) | 62.5% | 47.1% |
| Beta vs S&P 500 | 0.65 | 0.64 |
| Max drawdown (3Y) | -90.3% | -48.3% |
| Market cap | $1.0B | $1.1B |
| P/E (trailing) | 8.9 | 38.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GPRE | LOMA |
|---|---|---|
| 2022 | -12.3% | +26.6% |
| 2023 | -17.3% | +21.0% |
| 2024 | -62.4% | +68.4% |
| 2025 | +3.4% | +8.5% |
| 2026 | +43.3% | -25.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GPRE and LOMA good diversifiers for each other?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between GPRE and LOMA?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.14 over the last year and -0.05 over 5 years.
Is LOMA a good diversifier for GPRE?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.21 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/gpre-vs-loma.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/gpre-vs-loma/)
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Related comparisons
Hubs: GPRE correlations · LOMA correlations
