GYRO vs PAL: Correlation
Measured on weekly returns over the past three years, Gyrodyne , LLC (GYRO) and Proficient Auto Logistics, Inc. (PAL) carry a correlation of -0.24, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GYRO and PAL?
On 3 years of weekly data the GYRO/PAL correlation comes out at -0.24, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.04 versus -0.24 over 3 years. The 5-year figure is n/a, and annualized covariance runs at -808.6 %².
PAL is close to the least connected end of GYRO's tracked universe, ranking #10 of 11. The last year tells two different stories: PAL led by 17.1 percentage points, -51.4% for GYRO against -34.3% for PAL. Risk is not evenly split, since PAL carries 2.0 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.
GYRO vs PAL: side by side
| GYRO (Gyrodyne , LLC) | PAL (Proficient Auto Logistics, Inc.) | |
|---|---|---|
| 1-year return | -51.4% | -34.3% |
| 5-year return | -60.8% | n/a |
| Volatility (ann.) | 40.0% | 79.8% |
| Beta vs S&P 500 | 0.20 | 1.84 |
| Max drawdown (3Y) | -54.2% | -76.0% |
| Market cap | – | $0.2B |
| P/E (trailing) | 43.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GYRO | PAL |
|---|---|---|
| 2022 | -29.6% | – |
| 2023 | +23.5% | – |
| 2024 | -9.8% | – |
| 2025 | +2.4% | +19.5% |
| 2026 | -43.8% | -44.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GYRO and PAL good diversifiers for each other?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between GYRO and PAL?
As of 2026-08-27, the correlation of weekly returns between GYRO and PAL is -0.24 over 3 years, -0.04 over 1 year and n/a over 5 years.
Is PAL a good diversifier for GYRO?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.24 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/gyro-vs-pal.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gyro-vs-pal/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GYRO correlations · PAL correlations
