ASBP vs CPHI: Correlation
Aspire Biopharma Holdings, Inc. (ASBP) and China Pharma Holdings, Inc. (CPHI) show a moderate relationship: their 3-year correlation of weekly returns is 0.50.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASBP and CPHI?
On 3 years of weekly data the ASBP/CPHI correlation comes out at 0.50, moderate. The relationship has been stable: the 1-year correlation (0.60) sits close to the 3-year figure. The 5-year figure is 0.46, and annualized covariance runs at 95074.8 %².
Within ASBP's tracked universe of 70 assets, CPHI comes in at #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with CPHI ahead by 24.6 points (-61.3% versus -36.7%). Note the risk asymmetry: ASBP runs 15.1 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.
ASBP vs CPHI: side by side
| ASBP (Aspire Biopharma Holdings, Inc.) | CPHI (China Pharma Holdings, Inc.) | |
|---|---|---|
| 1-year return | -61.3% | -36.7% |
| 5-year return | -97.9% | -99.7% |
| Volatility (ann.) | 1699.4% | 112.2% |
| Beta vs S&P 500 | 0.59 | 0.27 |
| Max drawdown (3Y) | -100.0% | -95.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASBP | CPHI |
|---|---|---|
| 2022 | – | -79.2% |
| 2023 | +5.7% | -88.0% |
| 2024 | +5.6% | -61.7% |
| 2025 | -98.9% | -47.4% |
| 2026 | +56.4% | -26.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASBP and CPHI good diversifiers for each other?
Only partially. A correlation of 0.50 means ASBP and CPHI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between ASBP and CPHI?
Using weekly returns as of 2026-08-27: 0.50 over 3 years, with 0.60 over the last year and 0.46 over 5 years.
Is CPHI a good diversifier for ASBP?
Only partially. A correlation of 0.50 means ASBP and CPHI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.50 mean?
On the −1 to +1 scale, 0.50 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/asbp-vs-cphi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/asbp-vs-cphi/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ASBP correlations · CPHI correlations
