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LAUR vs LOPE: Correlation

Laureate Education, Inc. (LAUR) and Grand Canyon Education, Inc. (LOPE) show a moderate relationship: their 3-year correlation of weekly returns is 0.48.

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

Correlation (3Y)
0.48
moderate
Correlation (1Y)
0.40
last 12 months
Correlation (5Y)
0.44
long-run
Ann. covariance
422.1
%² · weekly, annualized

How correlated are LAUR and LOPE?

Over the past 3 years, LAUR and LOPE moved with a correlation of 0.48, which is moderate. Recent behaviour matches the longer record: 0.40 over 1 year against 0.48 over 3. Over 5 years the correlation is 0.44, and the annualized covariance of weekly returns is 422.1 %².

In LAUR's tracked universe of 10 assets, LOPE sits right near the top at #2. Their recent paths diverged sharply: over the last 12 months LAUR outperformed by 69.0 percentage points (+42.8% for LAUR against -26.2% for LOPE).

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.

LAUR vs LOPE: side by side

LAUR (Laureate Education, Inc.)LOPE (Grand Canyon Education, Inc.)
1-year return+42.8%-26.2%
5-year return+426.4%+69.3%
Volatility (ann.)27.2%32.2%
Beta vs S&P 5000.570.86
Max drawdown (3Y)-16.3%-38.0%
Market cap$5.4B$3.9B
P/E (trailing)17.518.0
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Lower P/E: LAUR 17.5 vs 18.0Smaller drawdown: LAUR -16.3% vs -38.0%Higher 5y return: LAUR +426.4% vs +69.3%
-32%0%+45%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. LAUR · LOPE

Year-by-year returns

YearLAURLOPE
2022-9.9%+23.3%
2023+50.2%+25.0%
2024+33.4%+24.1%
2025+84.1%+1.5%
2026+15.9%-9.7%

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

Are LAUR and LOPE good diversifiers for each other?

A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between LAUR and LOPE?

Using weekly returns as of 2026-08-27: 0.48 over 3 years, with 0.40 over the last year and 0.44 over 5 years.

Is LOPE a good diversifier for LAUR?

A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.48 mean?

On the −1 to +1 scale, 0.48 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.

Use this data

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

LAUR vs LOPE: 3-year weekly correlation 0.48LAUR vs LOPE0.48

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Related comparisons

Hubs: LAUR correlations · LOPE correlations