AIRI vs GDC: Correlation
How closely do Air Industries Group (AIRI) and GD Culture Group Limited (GDC) trade together? Their weekly returns over three years give a correlation of 0.34, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIRI and GDC?
Over the past 3 years, AIRI and GDC moved with a correlation of 0.34, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.13 versus 0.34 over 3 years. Over 5 years the correlation is 0.30, and the annualized covariance of weekly returns is 4030.1 %².
By 3-year correlation, GDC places #5 of the 11 assets tracked against AIRI. Correlation aside, the last 12 months split them widely, with AIRI ahead by 81.8 points (-18.0% versus -99.8%). Note the risk asymmetry: GDC runs 2.8 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.
AIRI vs GDC: side by side
| AIRI (Air Industries Group) | GDC (GD Culture Group Limited) | |
|---|---|---|
| 1-year return | -18.0% | -99.8% |
| 5-year return | -78.6% | -100.0% |
| Volatility (ann.) | 64.8% | 181.6% |
| Beta vs S&P 500 | 0.80 | 1.33 |
| Max drawdown (3Y) | -69.2% | -99.9% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIRI | GDC |
|---|---|---|
| 2022 | -53.3% | -93.5% |
| 2023 | -23.5% | +23.0% |
| 2024 | +25.2% | -26.5% |
| 2025 | -24.6% | +125.4% |
| 2026 | -15.6% | -99.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIRI and GDC good diversifiers for each other?
Reasonably. At 0.34, AIRI and GDC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between AIRI and GDC?
The AIRI/GDC correlation stands at 0.34 on a 3-year window (1 year: 0.13, 5 years: 0.30), computed from weekly returns as of 2026-08-27.
Is GDC a good diversifier for AIRI?
Reasonably. At 0.34, AIRI and GDC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.34 mean?
A reading of 0.34 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/airi-vs-gdc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/airi-vs-gdc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AIRI correlations · GDC correlations
