GTBP vs LODE: Correlation
GT Biopharma, Inc. (GTBP) and Comstock Inc. (LODE) show a moderate relationship: their 3-year correlation of weekly returns is 0.43.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GTBP and LODE?
Over the past 3 years, GTBP and LODE moved with a correlation of 0.43, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.28 versus 0.43 over 3 years. Over 5 years the correlation is 0.35, and the annualized covariance of weekly returns is 4061.7 %².
Among the 10 assets we track against GTBP, LODE ranks #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with LODE ahead by 119.4 points (-73.5% versus +45.9%).
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.
GTBP vs LODE: side by side
| GTBP (GT Biopharma, Inc.) | LODE (Comstock Inc.) | |
|---|---|---|
| 1-year return | -73.5% | +45.9% |
| 5-year return | -99.9% | -88.3% |
| Volatility (ann.) | 90.4% | 105.0% |
| Beta vs S&P 500 | 0.76 | 1.39 |
| Max drawdown (3Y) | -97.1% | -78.5% |
| Market cap | – | $0.3B |
| P/E (trailing) | 0.1 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GTBP | LODE |
|---|---|---|
| 2022 | -71.0% | -78.3% |
| 2023 | -71.2% | +96.4% |
| 2024 | -60.1% | +45.5% |
| 2025 | -74.3% | -53.0% |
| 2026 | -61.6% | -5.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GTBP and LODE good diversifiers for each other?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between GTBP and LODE?
Using weekly returns as of 2026-08-27: 0.43 over 3 years, with 0.28 over the last year and 0.35 over 5 years.
Is LODE a good diversifier for GTBP?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.43 mean?
A reading of 0.43 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/gtbp-vs-lode.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gtbp-vs-lode/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GTBP correlations · LODE correlations
