GRC vs VMI: Correlation
Gorman-Rupp Company (The) (GRC) and Valmont Industries, Inc. (VMI) show a moderate relationship: their 3-year correlation of weekly returns is 0.55.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GRC and VMI?
Over the past 3 years, GRC and VMI moved with a correlation of 0.55, which is moderate. Recent behaviour matches the longer record: 0.64 over 1 year against 0.55 over 3. Over 5 years the correlation is 0.51, and the annualized covariance of weekly returns is 533.6 %².
By 3-year correlation, VMI places #7 of the 14 assets tracked against GRC. Correlation aside, the last 12 months split them widely, with GRC ahead by 53.2 points (+82.4% versus +29.2%).
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.
GRC vs VMI: side by side
| GRC (Gorman-Rupp Company (The)) | VMI (Valmont Industries, Inc.) | |
|---|---|---|
| 1-year return | +82.4% | +29.2% |
| 5-year return | +143.0% | +102.0% |
| Volatility (ann.) | 30.6% | 31.8% |
| Beta vs S&P 500 | 0.85 | 1.02 |
| Max drawdown (3Y) | -26.9% | -29.8% |
| Market cap | $2.0B | $9.3B |
| P/E (trailing) | 32.7 | 18.6 |
| Dividend yield | 0.97% | 0.61% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GRC | VMI |
|---|---|---|
| 2022 | -41.2% | +33.1% |
| 2023 | +42.2% | -28.7% |
| 2024 | +8.9% | +32.5% |
| 2025 | +28.2% | +32.2% |
| 2026 | +63.7% | +19.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GRC and VMI 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 GRC and VMI?
As of 2026-08-27, the correlation of weekly returns between GRC and VMI is 0.55 over 3 years, 0.64 over 1 year and 0.51 over 5 years.
Is VMI a good diversifier for GRC?
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?
On the −1 to +1 scale, 0.55 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
$ curl https://www.pairbook.io/api/v1/pairs/grc-vs-vmi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/grc-vs-vmi/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GRC correlations · VMI correlations
