ADM vs CCTG: Correlation
How closely do Archer Daniels Midland (ADM) and CCSC Technology International Holdings Limited - Class A (CCTG) trade together? Their weekly returns over three years give a correlation of -0.29, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADM and CCTG?
Across a 3-year window, the weekly returns of ADM and CCTG correlate at -0.29, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.05) than the 3-year average (-0.29). Stretching to 5 years gives n/a, with an annualized covariance of -1278.9 %².
Out of 33 assets tracked against ADM, CCTG lands near the bottom at #31. Correlation aside, the last 12 months split them widely, with ADM ahead by 123.5 points (+29.8% versus -93.7%). Risk is not evenly split, since CCTG carries 4.7 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.
ADM vs CCTG: side by side
| ADM (Archer Daniels Midland) | CCTG (CCSC Technology International Holdings Limited - Class A) | |
|---|---|---|
| 1-year return | +29.8% | -93.7% |
| 5-year return | +51.7% | n/a |
| Volatility (ann.) | 29.9% | 142.0% |
| Beta vs S&P 500 | 0.24 | 1.57 |
| Max drawdown (3Y) | -46.0% | -99.8% |
| Market cap | $38.1B | – |
| P/E (trailing) | 21.9 | – |
| Dividend yield | 2.57% | 0.00% |
| Sector / category | Consumer Staples | US Listed |
Year-by-year returns
| Year | ADM | CCTG |
|---|---|---|
| 2022 | +40.0% | – |
| 2023 | -20.4% | – |
| 2024 | -27.5% | – |
| 2025 | +18.2% | -90.1% |
| 2026 | +40.4% | -55.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADM and CCTG good diversifiers for each other?
Yes. With a correlation of -0.29, ADM and CCTG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ADM and CCTG?
The ADM/CCTG correlation stands at -0.29 on a 3-year window (1 year: -0.05, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is CCTG a good diversifier for ADM?
Yes. With a correlation of -0.29, ADM and CCTG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.29 mean?
A reading of -0.29 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/adm-vs-cctg.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/adm-vs-cctg/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ADM correlations · CCTG correlations
