GS vs MLGO: Correlation
Measured on weekly returns over the past three years, Goldman Sachs (GS) and MicroAlgo, Inc. (MLGO) carry a correlation of -0.15, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GS and MLGO?
Over the past 3 years, GS and MLGO moved with a correlation of -0.15, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.35) runs above the 3-year figure (-0.15). Over 5 years the correlation is -0.10, and the annualized covariance of weekly returns is -2028.1 %².
Among the 41 assets we track against GS, MLGO ranks #32 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months GS outperformed by 94.5 percentage points (+41.6% for GS against -52.9% for MLGO). Risk is not evenly split, since MLGO carries 18.1 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.
GS vs MLGO: side by side
| GS (Goldman Sachs) | MLGO (MicroAlgo, Inc.) | |
|---|---|---|
| 1-year return | +41.6% | -52.9% |
| 5-year return | +184.1% | -100.0% |
| Volatility (ann.) | 27.0% | 489.7% |
| Beta vs S&P 500 | 1.34 | -2.77 |
| Max drawdown (3Y) | -30.9% | -100.0% |
| Market cap | $303.1B | – |
| P/E (trailing) | 16.1 | 1.9 |
| Dividend yield | 1.63% | 0.00% |
| Sector / category | Financials | US Listed |
Year-by-year returns
| Year | GS | MLGO |
|---|---|---|
| 2022 | -7.9% | -87.6% |
| 2023 | +15.9% | -27.0% |
| 2024 | +52.0% | -97.9% |
| 2025 | +56.6% | -96.1% |
| 2026 | +19.6% | -6.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GS and MLGO good diversifiers for each other?
Yes: at -0.15, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between GS and MLGO?
The GS/MLGO correlation stands at -0.15 on a 3-year window (1 year: 0.35, 5 years: -0.10), computed from weekly returns as of 2026-08-27.
Is MLGO a good diversifier for GS?
Yes: at -0.15, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.15 mean?
A reading of -0.15 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/gs-vs-mlgo.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gs-vs-mlgo/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GS correlations · MLGO correlations
