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GPRK vs LH: Correlation

Geopark Ltd (GPRK) and Labcorp (LH) show a negative relationship: their 3-year correlation of weekly returns is -0.19.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.19
negative
Correlation (1Y)
-0.38
last 12 months
Correlation (5Y)
-0.04
long-run
Ann. covariance
-174.6
%² · weekly, annualized

How correlated are GPRK and LH?

On 3 years of weekly data the GPRK/LH correlation comes out at -0.19, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.38) runs below the 3-year figure (-0.19). The 5-year figure is -0.04, and annualized covariance runs at -174.6 %².

By 3-year correlation, LH places #8 of the 14 assets tracked against GPRK. Correlation aside, the last 12 months split them widely, with GPRK ahead by 32.2 points (+54.0% versus +21.8%). Note the risk asymmetry: GPRK runs 2.0 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.

GPRK vs LH: side by side

GPRK (Geopark Ltd)LH (Labcorp)
1-year return+54.0%+21.8%
5-year return+1.9%+36.0%
Volatility (ann.)43.1%21.4%
Beta vs S&P 5000.410.33
Max drawdown (3Y)-47.8%-17.4%
Market cap$0.6B$27.3B
P/E (trailing)6.827.8
Dividend yield1.16%0.86%
Sector / categoryUS ListedHealth Care
Lower P/E: GPRK 6.8 vs 27.8Higher yield: GPRK 1.16% vs 0.86%Smaller drawdown: LH -17.4% vs -47.8%Higher 5y return: LH +36.0% vs +1.9%
-10%0%+78%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. GPRK · LH

Year-by-year returns

YearGPRKLH
2022+39.0%-24.4%
2023-41.5%+13.8%
2024+15.1%+2.2%
2025-16.8%+10.6%
2026+34.0%+34.8%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are GPRK and LH good diversifiers for each other?

Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between GPRK and LH?

Using weekly returns as of 2026-08-27: -0.19 over 3 years, with -0.38 over the last year and -0.04 over 5 years.

Is LH a good diversifier for GPRK?

Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.19 mean?

On the −1 to +1 scale, -0.19 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

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GPRK vs LH: 3-year weekly correlation -0.19GPRK vs LH-0.19

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Hubs: GPRK correlations · LH correlations