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AGIG vs CDTG: Correlation

Measured on weekly returns over the past three years, Abundia Global Impact Group Inc. (AGIG) and CDT Environmental Technology Investment Holdings Limited (CDTG) carry a correlation of 0.33, a moderate link.

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

Correlation (3Y)
0.33
moderate
Correlation (1Y)
-0.25
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
9188.2
%² · weekly, annualized

How correlated are AGIG and CDTG?

On 3 years of weekly data the AGIG/CDTG correlation comes out at 0.33, moderate. Lately the two have drifted apart, with the 1-year correlation at -0.25 versus 0.33 over 3 years. The 5-year figure is n/a, and annualized covariance runs at 9188.2 %².

Among the 34 assets we track against AGIG, CDTG ranks #10 by 3-year correlation. Neither side won the trailing year by much: -88.7% against -92.6%.

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.

AGIG vs CDTG: side by side

AGIG (Abundia Global Impact Group Inc.)CDTG (CDT Environmental Technology Investment Holdings Limited)
1-year return-88.7%-92.6%
5-year return-94.6%n/a
Volatility (ann.)157.1%160.6%
Beta vs S&P 500-0.210.42
Max drawdown (3Y)-96.7%-99.2%
Market cap
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: AGIG -96.7% vs -99.2%
-94%0%+53%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). AGIG · CDTG

Year-by-year returns

YearAGIGCDTG
2022+140.6%
2023-48.0%
2024-27.9%
2025-84.7%-92.2%
2026-51.0%-87.0%

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

Are AGIG and CDTG good diversifiers for each other?

A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between AGIG and CDTG?

The AGIG/CDTG correlation stands at 0.33 on a 3-year window (1 year: -0.25, 5 years: n/a), computed from weekly returns as of 2026-08-27.

Is CDTG a good diversifier for AGIG?

A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.33 mean?

On the −1 to +1 scale, 0.33 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.

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AGIG vs CDTG: 3-year weekly correlation 0.33AGIG vs CDTG0.33

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Related comparisons

Hubs: AGIG correlations · CDTG correlations