REPX vs UZX: Correlation
How closely do Riley Exploration Permian, Inc. (REPX) and Linkage Global Inc - Class A (UZX) trade together? Their weekly returns over three years give a correlation of -0.22, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are REPX and UZX?
Across a 3-year window, the weekly returns of REPX and UZX correlate at -0.22, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.45 versus -0.22 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of -1361.7 %².
Among the 11 assets we track against REPX, UZX sits near the bottom by co-movement, at rank #9. Their recent paths diverged sharply: over the last 12 months REPX outperformed by 134.4 percentage points (+39.8% for REPX against -94.6% for UZX). Note the risk asymmetry: UZX runs 3.0 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.
REPX vs UZX: side by side
| REPX (Riley Exploration Permian, Inc.) | UZX (Linkage Global Inc - Class A) | |
|---|---|---|
| 1-year return | +39.8% | -94.6% |
| 5-year return | +145.9% | n/a |
| Volatility (ann.) | 46.0% | 137.7% |
| Beta vs S&P 500 | 0.58 | 0.09 |
| Max drawdown (3Y) | -38.0% | -99.8% |
| Market cap | $0.8B | – |
| P/E (trailing) | 6.7 | – |
| Dividend yield | 4.27% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | REPX | UZX |
|---|---|---|
| 2022 | +60.2% | – |
| 2023 | -3.9% | – |
| 2024 | +23.8% | -71.7% |
| 2025 | -12.7% | -58.8% |
| 2026 | +50.6% | -93.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are REPX and UZX good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between REPX and UZX?
As of 2026-08-27, the correlation of weekly returns between REPX and UZX is -0.22 over 3 years, -0.45 over 1 year and n/a over 5 years.
Is UZX a good diversifier for REPX?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 mean?
A reading of -0.22 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
$ curl https://www.pairbook.io/api/v1/pairs/repx-vs-uzx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/repx-vs-uzx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: REPX correlations · UZX correlations
