GPRK vs LOCL: Correlation
How closely do Geopark Ltd (GPRK) and Local Bounti Corporation (LOCL) trade together? Their weekly returns over three years give a correlation of -0.24, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GPRK and LOCL?
On 3 years of weekly data the GPRK/LOCL correlation comes out at -0.24, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.24 over 1 year against -0.24 over 3. The 5-year figure is -0.12, and annualized covariance runs at -1468.9 %².
Out of 14 assets tracked against GPRK, LOCL lands near the bottom at #12. Correlation aside, the last 12 months split them widely, with GPRK ahead by 112.8 points (+54.0% versus -58.8%). One caveat on sizing: LOCL is 3.3 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 LOCL: side by side
| GPRK (Geopark Ltd) | LOCL (Local Bounti Corporation) | |
|---|---|---|
| 1-year return | +54.0% | -58.8% |
| 5-year return | +1.9% | -99.2% |
| Volatility (ann.) | 43.1% | 142.7% |
| Beta vs S&P 500 | 0.41 | -0.49 |
| Max drawdown (3Y) | -47.8% | -79.4% |
| Market cap | $0.6B | – |
| P/E (trailing) | 6.8 | – |
| Dividend yield | 1.16% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GPRK | LOCL |
|---|---|---|
| 2022 | +39.0% | -78.4% |
| 2023 | -41.5% | -88.5% |
| 2024 | +15.1% | +0.0% |
| 2025 | -16.8% | +3.4% |
| 2026 | +34.0% | -53.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GPRK and LOCL good diversifiers for each other?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between GPRK and LOCL?
As of 2026-08-27, the correlation of weekly returns between GPRK and LOCL is -0.24 over 3 years, -0.24 over 1 year and -0.12 over 5 years.
Is LOCL a good diversifier for GPRK?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.24 mean?
A reading of -0.24 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/gprk-vs-locl.json
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[](https://www.pairbook.io/pair/gprk-vs-locl/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GPRK correlations · LOCL correlations
