LOPE vs NHTC: Correlation
How closely do Grand Canyon Education, Inc. (LOPE) and Natural Health Trends Corp. (NHTC) trade together? Their weekly returns over three years give a correlation of 0.31, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LOPE and NHTC?
Across a 3-year window, the weekly returns of LOPE and NHTC correlate at 0.31, moderate. Recent behaviour matches the longer record: 0.38 over 1 year against 0.31 over 3. Stretching to 5 years gives 0.24, with an annualized covariance of 405.0 %².
Out of 17 assets tracked against LOPE, NHTC lands near the bottom at #14. Their recent paths diverged sharply: over the last 12 months LOPE outperformed by 30.0 percentage points (-26.2% for LOPE against -56.2% for NHTC).
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.
LOPE vs NHTC: side by side
| LOPE (Grand Canyon Education, Inc.) | NHTC (Natural Health Trends Corp.) | |
|---|---|---|
| 1-year return | -26.2% | -56.2% |
| 5-year return | +69.3% | -50.8% |
| Volatility (ann.) | 32.2% | 40.5% |
| Beta vs S&P 500 | 0.86 | 0.59 |
| Max drawdown (3Y) | -38.0% | -71.7% |
| Market cap | $3.9B | – |
| P/E (trailing) | 18.0 | – |
| Dividend yield | 0.00% | 35.09% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LOPE | NHTC |
|---|---|---|
| 2022 | +23.3% | -42.1% |
| 2023 | +25.0% | +96.2% |
| 2024 | +24.1% | -11.5% |
| 2025 | +1.5% | -20.5% |
| 2026 | -9.7% | -41.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LOPE and NHTC good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.31 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between LOPE and NHTC?
As of 2026-08-27, the correlation of weekly returns between LOPE and NHTC is 0.31 over 3 years, 0.38 over 1 year and 0.24 over 5 years.
Is NHTC a good diversifier for LOPE?
Yes, to a useful degree: a correlation of 0.31 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.31 mean?
On the −1 to +1 scale, 0.31 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
$ curl https://www.pairbook.io/api/v1/pairs/lope-vs-nhtc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/lope-vs-nhtc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LOPE correlations · NHTC correlations
