AGPU vs GVH: Correlation
Axe Compute Inc. (AGPU) and Globavend Holdings Limited - Ord Shares (GVH) show a moderate relationship: their 3-year correlation of weekly returns is 0.31.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGPU and GVH?
Over the past 3 years, AGPU and GVH moved with a correlation of 0.31, which is moderate. Lately the two have moved closer together, with the 1-year correlation at 0.48 versus 0.31 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 7405.7 %².
By 3-year correlation, GVH places #7 of the 13 assets tracked against AGPU. The last year tells two different stories: AGPU led by 53.4 percentage points, -24.4% for AGPU against -77.8% for GVH.
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.
AGPU vs GVH: side by side
| AGPU (Axe Compute Inc.) | GVH (Globavend Holdings Limited - Ord Shares) | |
|---|---|---|
| 1-year return | -24.4% | -77.8% |
| 5-year return | -96.8% | n/a |
| Volatility (ann.) | 146.2% | 162.4% |
| Beta vs S&P 500 | 1.75 | 1.17 |
| Max drawdown (3Y) | -97.9% | -99.8% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AGPU | GVH |
|---|---|---|
| 2022 | -67.8% | – |
| 2023 | -46.4% | – |
| 2024 | -75.1% | -57.5% |
| 2025 | -41.9% | -98.9% |
| 2026 | +44.9% | -29.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGPU and GVH 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 AGPU and GVH?
As of 2026-08-27, the correlation of weekly returns between AGPU and GVH is 0.31 over 3 years, 0.48 over 1 year and n/a over 5 years.
Is GVH a good diversifier for AGPU?
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?
A reading of 0.31 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/agpu-vs-gvh.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/agpu-vs-gvh/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AGPU correlations · GVH correlations
