PRPO vs WKHS: Correlation
Precipio, Inc. (PRPO) and Workhorse Group, Inc. (WKHS) show a weak relationship: their 3-year correlation of weekly returns is 0.29.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PRPO and WKHS?
Over the past 3 years, PRPO and WKHS moved with a correlation of 0.29, which is weak. Little has changed lately, as the 1-year reading of 0.37 lands near the 3-year figure. Over 5 years the correlation is 0.31, and the annualized covariance of weekly returns is 3321.1 %².
Among the 10 assets we track against PRPO, WKHS ranks #5 by 3-year correlation. The last year tells two different stories: PRPO led by 172.5 percentage points, +91.9% for PRPO against -80.6% for WKHS. One caveat on sizing: WKHS is 2.2 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
PRPO vs WKHS: side by side
| PRPO (Precipio, Inc.) | WKHS (Workhorse Group, Inc.) | |
|---|---|---|
| 1-year return | +91.9% | -80.6% |
| 5-year return | -55.4% | -100.0% |
| Volatility (ann.) | 71.4% | 157.8% |
| Beta vs S&P 500 | 0.51 | 1.44 |
| Max drawdown (3Y) | -55.6% | -99.9% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PRPO | WKHS |
|---|---|---|
| 2022 | -65.1% | -65.1% |
| 2023 | -41.0% | -76.3% |
| 2024 | -14.8% | -90.3% |
| 2025 | +314.8% | -95.1% |
| 2026 | +27.5% | -37.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PRPO and WKHS good diversifiers for each other?
Reasonably. At 0.29, PRPO and WKHS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between PRPO and WKHS?
The PRPO/WKHS correlation stands at 0.29 on a 3-year window (1 year: 0.37, 5 years: 0.31), computed from weekly returns as of 2026-08-27.
Is WKHS a good diversifier for PRPO?
Reasonably. At 0.29, PRPO and WKHS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.29 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/prpo-vs-wkhs.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/prpo-vs-wkhs/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: PRPO correlations · WKHS correlations
