GPRK vs TR: Correlation
How closely do Geopark Ltd (GPRK) and Tootsie Roll Industries, Inc. (TR) trade together? Their weekly returns over three years give a correlation of -0.22, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GPRK and TR?
On 3 years of weekly data the GPRK/TR correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.42 versus -0.22 over 3 years. The 5-year figure is -0.16, and annualized covariance runs at -242.7 %².
Out of 14 assets tracked against GPRK, TR lands near the bottom at #11. The last year tells two different stories: GPRK led by 49.9 percentage points, +54.0% for GPRK against +4.1% for TR. Risk is not evenly split, since GPRK carries 1.7 times the volatility of the other side.
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 TR: side by side
| GPRK (Geopark Ltd) | TR (Tootsie Roll Industries, Inc.) | |
|---|---|---|
| 1-year return | +54.0% | +4.1% |
| 5-year return | +1.9% | +57.7% |
| Volatility (ann.) | 43.1% | 25.1% |
| Beta vs S&P 500 | 0.41 | 0.05 |
| Max drawdown (3Y) | -47.8% | -20.0% |
| Market cap | $0.6B | $3.1B |
| P/E (trailing) | 6.8 | 32.2 |
| Dividend yield | 1.16% | 0.84% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GPRK | TR |
|---|---|---|
| 2022 | +39.0% | +22.3% |
| 2023 | -41.5% | -18.8% |
| 2024 | +15.1% | +1.4% |
| 2025 | -16.8% | +17.9% |
| 2026 | +34.0% | +15.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GPRK and TR good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between GPRK and TR?
The GPRK/TR correlation stands at -0.22 on a 3-year window (1 year: -0.42, 5 years: -0.16), computed from weekly returns as of 2026-08-27.
Is TR a good diversifier for GPRK?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 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.
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Related comparisons
Hubs: GPRK correlations · TR correlations
