GRND vs SEB: Correlation
How closely do Grindr Inc. (GRND) and Seaboard Corporation (SEB) trade together? Their weekly returns over three years give a correlation of -0.33, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GRND and SEB?
On 3 years of weekly data the GRND/SEB correlation comes out at -0.33, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.44) than the 3-year average (-0.33). The 5-year figure is -0.04, and annualized covariance runs at -499.4 %².
SEB is close to the least connected end of GRND's tracked universe, ranking #10 of 11. On 12-month performance SEB holds a 6.2-point edge, -1.4% against +4.8%.
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 SEB: side by side
| GRND (Grindr Inc.) | SEB (Seaboard Corporation) | |
|---|---|---|
| 1-year return | -1.4% | +4.8% |
| 5-year return | +52.4% | -4.5% |
| Volatility (ann.) | 46.8% | 32.8% |
| Beta vs S&P 500 | 0.69 | -0.07 |
| Max drawdown (3Y) | -60.2% | -37.7% |
| Market cap | $2.7B | $3.8B |
| P/E (trailing) | 33.4 | 6.0 |
| Dividend yield | 0.00% | 0.22% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GRND | SEB |
|---|---|---|
| 2022 | -54.1% | -3.8% |
| 2023 | +88.8% | -5.2% |
| 2024 | +103.2% | -31.7% |
| 2025 | -24.1% | +83.5% |
| 2026 | +13.4% | -11.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GRND and SEB good diversifiers for each other?
By historical standards, yes. A correlation of -0.33 means the two rarely move for the same reasons.
FAQ
What is the correlation between GRND and SEB?
Using weekly returns as of 2026-08-27: -0.33 over 3 years, with -0.44 over the last year and -0.04 over 5 years.
Is SEB a good diversifier for GRND?
By historical standards, yes. A correlation of -0.33 means the two rarely move for the same reasons.
What does a correlation of -0.33 mean?
A reading of -0.33 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/grnd-vs-seb.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/grnd-vs-seb/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GRND correlations · SEB correlations
