ASST vs GVH: Correlation
How closely do Strive, Inc. (ASST) and Globavend Holdings Limited - Ord Shares (GVH) trade together? Their weekly returns over three years give a correlation of 0.47, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ASST and GVH?
On 3 years of weekly data the ASST/GVH correlation comes out at 0.47, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.18 versus 0.47 over 3 years. The 5-year figure is n/a, and annualized covariance runs at 56986.8 %².
Among the 58 assets we track against ASST, GVH ranks #5 by 3-year correlation. Their 12-month results are close: -80.4% for ASST against -77.8% for GVH. Risk is not evenly split, since ASST carries 4.5 times the volatility of the other side.
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.
ASST vs GVH: side by side
| ASST (Strive, Inc.) | GVH (Globavend Holdings Limited - Ord Shares) | |
|---|---|---|
| 1-year return | -80.4% | -77.8% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 723.1% | 162.4% |
| Beta vs S&P 500 | -1.01 | 1.17 |
| Max drawdown (3Y) | -97.2% | -99.8% |
| Market cap | $2.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ASST | GVH |
|---|---|---|
| 2024 | -84.6% | -57.5% |
| 2025 | +50.3% | -98.9% |
| 2026 | +56.6% | -29.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ASST and GVH good diversifiers for each other?
Reasonably. At 0.47, ASST and GVH keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ASST and GVH?
The ASST/GVH correlation stands at 0.47 on a 3-year window (1 year: 0.18, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is GVH a good diversifier for ASST?
Reasonably. At 0.47, ASST and GVH keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.47 mean?
On the −1 to +1 scale, 0.47 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/asst-vs-gvh.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/asst-vs-gvh/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ASST correlations · GVH correlations
