GPRE vs PARR: Correlation
Green Plains, Inc. (GPRE) and Par Pacific Holdings, Inc. (PARR) show a moderate relationship: their 3-year correlation of weekly returns is 0.48.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GPRE and PARR?
Across a 3-year window, the weekly returns of GPRE and PARR correlate at 0.48, moderate. Little has changed lately, as the 1-year reading of 0.51 lands near the 3-year figure. Stretching to 5 years gives 0.44, with an annualized covariance of 1553.0 %².
Among the 12 assets we track against GPRE, PARR ranks #5 by 3-year correlation. The last year tells two different stories: PARR led by 84.4 percentage points, +41.1% for GPRE against +125.5% for PARR.
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 PARR: side by side
| GPRE (Green Plains, Inc.) | PARR (Par Pacific Holdings, Inc.) | |
|---|---|---|
| 1-year return | +41.1% | +125.5% |
| 5-year return | -58.5% | +375.6% |
| Volatility (ann.) | 62.5% | 51.3% |
| Beta vs S&P 500 | 0.65 | 0.13 |
| Max drawdown (3Y) | -90.3% | -69.7% |
| Market cap | $1.0B | $3.9B |
| P/E (trailing) | 8.9 | 4.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GPRE | PARR |
|---|---|---|
| 2022 | -12.3% | +41.0% |
| 2023 | -17.3% | +56.4% |
| 2024 | -62.4% | -54.9% |
| 2025 | +3.4% | +114.4% |
| 2026 | +43.3% | +119.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GPRE and PARR good diversifiers for each other?
Reasonably. At 0.48, GPRE and PARR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between GPRE and PARR?
Using weekly returns as of 2026-08-27: 0.48 over 3 years, with 0.51 over the last year and 0.44 over 5 years.
Is PARR a good diversifier for GPRE?
Reasonably. At 0.48, GPRE and PARR keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.48 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-parr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gpre-vs-parr/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GPRE correlations · PARR correlations
