PairBook
HomeGURE › GURE vs NFLX

GURE vs NFLX: Correlation

Measured on weekly returns over the past three years, Gulf Resources, Inc. (GURE) and Netflix (NFLX) carry a correlation of -0.16, a negative link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.16
negative
Correlation (1Y)
-0.19
last 12 months
Correlation (5Y)
-0.06
long-run
Ann. covariance
-799.0
%² · weekly, annualized

How correlated are GURE and NFLX?

Across a 3-year window, the weekly returns of GURE and NFLX correlate at -0.16, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.19) sits close to the 3-year figure. Stretching to 5 years gives -0.06, with an annualized covariance of -799.0 %².

By 3-year correlation, NFLX places #9 of the 23 assets tracked against GURE. Correlation aside, the last 12 months split them widely, with NFLX ahead by 17.8 points (-52.5% versus -34.7%). Note the risk asymmetry: GURE runs 3.9 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.

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.

GURE vs NFLX: side by side

GURE (Gulf Resources, Inc.)NFLX (Netflix)
1-year return-52.5%-34.7%
5-year return-92.1%+41.0%
Volatility (ann.)137.7%35.2%
Beta vs S&P 500-0.300.99
Max drawdown (3Y)-88.1%-49.5%
Market cap$332.4B
P/E (trailing)25.7
Dividend yield0.00%0.00%
Sector / categoryUS ListedCommunication Services
Smaller drawdown: NFLX -49.5% vs -88.1%Higher 5y return: NFLX +41.0% vs -92.1%
-60%0%+9%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. GURE · NFLX

Year-by-year returns

YearGURENFLX
2022-28.6%-51.1%
2023-46.6%+65.1%
2024-65.5%+83.1%
2025-35.1%+5.2%
2026-7.6%-14.8%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are GURE and NFLX good diversifiers for each other?

Yes. With a correlation of -0.16, GURE and NFLX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

FAQ

What is the correlation between GURE and NFLX?

As of 2026-08-27, the correlation of weekly returns between GURE and NFLX is -0.16 over 3 years, -0.19 over 1 year and -0.06 over 5 years.

Is NFLX a good diversifier for GURE?

Yes. With a correlation of -0.16, GURE and NFLX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

What does a correlation of -0.16 mean?

A reading of -0.16 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/gure-vs-nflx.json

GURE vs NFLX: 3-year weekly correlation -0.16GURE vs NFLX-0.16

Markdown for the live badge, attribution link included:

[![GURE vs NFLX correlation](https://www.pairbook.io/api/v1/badge/gure-vs-nflx.svg)](https://www.pairbook.io/pair/gure-vs-nflx/)

No key needed, free to use. Full endpoint list in the API documentation.

Related comparisons

Hubs: GURE correlations · NFLX correlations