GRND vs PAR: Correlation
Grindr Inc. (GRND) and PAR Technology Corporation (PAR) show a moderate relationship: their 3-year correlation of weekly returns is 0.37.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GRND and PAR?
Across a 3-year window, the weekly returns of GRND and PAR correlate at 0.37, moderate. Little has changed lately, as the 1-year reading of 0.37 lands near the 3-year figure. Stretching to 5 years gives 0.06, with an annualized covariance of 978.8 %².
By 3-year correlation, PAR places #5 of the 11 assets tracked against GRND. The last year tells two different stories: GRND led by 61.8 percentage points, -1.4% for GRND against -63.2% for PAR.
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.
GRND vs PAR: side by side
| GRND (Grindr Inc.) | PAR (PAR Technology Corporation) | |
|---|---|---|
| 1-year return | -1.4% | -63.2% |
| 5-year return | +52.4% | -71.7% |
| Volatility (ann.) | 46.8% | 56.2% |
| Beta vs S&P 500 | 0.69 | 1.72 |
| Max drawdown (3Y) | -60.2% | -85.4% |
| Market cap | $2.7B | $0.8B |
| P/E (trailing) | 33.4 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GRND | PAR |
|---|---|---|
| 2022 | -54.1% | -50.6% |
| 2023 | +88.8% | +67.0% |
| 2024 | +103.2% | +66.9% |
| 2025 | -24.1% | -50.1% |
| 2026 | +13.4% | -47.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GRND and PAR good diversifiers for each other?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between GRND and PAR?
As of 2026-08-27, the correlation of weekly returns between GRND and PAR is 0.37 over 3 years, 0.37 over 1 year and 0.06 over 5 years.
Is PAR a good diversifier for GRND?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.37 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/grnd-vs-par.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/grnd-vs-par/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GRND correlations · PAR correlations
