ASBP vs GDTC: Correlation
Aspire Biopharma Holdings, Inc. (ASBP) and CytoMed Therapeutics Limited (GDTC) show a moderate relationship: their 3-year correlation of weekly returns is 0.38.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASBP and GDTC?
Across a 3-year window, the weekly returns of ASBP and GDTC correlate at 0.38, moderate. The link has tightened recently: the 1-year correlation (0.53) runs above the 3-year figure (0.38). Stretching to 5 years gives n/a, with an annualized covariance of 48005.6 %².
Within ASBP's tracked universe of 70 assets, GDTC comes in at #17 by 3-year correlation. The trailing year gives GDTC the advantage: -61.3% versus -52.7%, a 8.6-point spread. One caveat on sizing: ASBP is 22.6 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 GDTC: side by side
| ASBP (Aspire Biopharma Holdings, Inc.) | GDTC (CytoMed Therapeutics Limited) | |
|---|---|---|
| 1-year return | -61.3% | -52.7% |
| 5-year return | -97.9% | n/a |
| Volatility (ann.) | 1699.4% | 75.2% |
| Beta vs S&P 500 | 0.59 | 0.08 |
| Max drawdown (3Y) | -100.0% | -86.1% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASBP | GDTC |
|---|---|---|
| 2023 | +5.7% | – |
| 2024 | +5.6% | -30.6% |
| 2025 | -98.9% | -60.7% |
| 2026 | +56.4% | -28.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASBP and GDTC good diversifiers for each other?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ASBP and GDTC?
Using weekly returns as of 2026-08-27: 0.38 over 3 years, with 0.53 over the last year and n/a over 5 years.
Is GDTC a good diversifier for ASBP?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.38 mean?
On the −1 to +1 scale, 0.38 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-gdtc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/asbp-vs-gdtc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ASBP correlations · GDTC correlations
