GPRK vs OVV: Correlation
Measured on weekly returns over the past three years, Geopark Ltd (GPRK) and Ovintiv Inc. (DE) (OVV) carry a correlation of 0.55, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GPRK and OVV?
Over the past 3 years, GPRK and OVV moved with a correlation of 0.55, which is moderate. Recent behaviour matches the longer record: 0.46 over 1 year against 0.55 over 3. Over 5 years the correlation is 0.63, and the annualized covariance of weekly returns is 862.9 %².
By 3-year correlation, OVV places #4 of the 14 assets tracked against GPRK. The trailing year gives OVV the advantage: +54.0% versus +61.2%, a 7.2-point spread.
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 OVV: side by side
| GPRK (Geopark Ltd) | OVV (Ovintiv Inc. (DE)) | |
|---|---|---|
| 1-year return | +54.0% | +61.2% |
| 5-year return | +1.9% | +175.7% |
| Volatility (ann.) | 43.1% | 36.4% |
| Beta vs S&P 500 | 0.41 | 0.43 |
| Max drawdown (3Y) | -47.8% | -42.2% |
| Market cap | $0.6B | $18.0B |
| P/E (trailing) | 6.8 | 18.0 |
| Dividend yield | 1.16% | 1.86% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GPRK | OVV |
|---|---|---|
| 2022 | +39.0% | +53.3% |
| 2023 | -41.5% | -10.9% |
| 2024 | +15.1% | -5.2% |
| 2025 | -16.8% | -0.3% |
| 2026 | +34.0% | +68.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GPRK and OVV good diversifiers for each other?
Somewhat, no more. With 0.55 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between GPRK and OVV?
Using weekly returns as of 2026-08-27: 0.55 over 3 years, with 0.46 over the last year and 0.63 over 5 years.
Is OVV a good diversifier for GPRK?
Somewhat, no more. With 0.55 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.55 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/gprk-vs-ovv.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/gprk-vs-ovv/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GPRK correlations · OVV correlations
