ATXG vs CUE: Correlation
Addentax Group Corp. (ATXG) and Cue Biopharma, Inc. (CUE) 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 ATXG and CUE?
Over the past 3 years, ATXG and CUE moved with a correlation of 0.31, which is moderate. The past 12 months show a tighter link (0.45) than the 3-year average (0.31). Over 5 years the correlation is 0.25, and the annualized covariance of weekly returns is 4538.2 %².
Within ATXG's tracked universe of 10 assets, CUE comes in at #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with CUE ahead by 71.1 points (-57.5% versus +13.6%). Risk is not evenly split, since CUE carries 1.6 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.
ATXG vs CUE: side by side
| ATXG (Addentax Group Corp.) | CUE (Cue Biopharma, Inc.) | |
|---|---|---|
| 1-year return | -57.5% | +13.6% |
| 5-year return | -99.7% | -92.2% |
| Volatility (ann.) | 94.8% | 155.6% |
| Beta vs S&P 500 | 0.60 | 2.74 |
| Max drawdown (3Y) | -90.5% | -94.3% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ATXG | CUE |
|---|---|---|
| 2022 | -85.7% | -74.8% |
| 2023 | -86.6% | -7.4% |
| 2024 | -57.4% | -58.7% |
| 2025 | -36.1% | -72.0% |
| 2026 | -37.1% | +207.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ATXG and CUE good diversifiers for each other?
A fair diversifier. At 0.31, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ATXG and CUE?
The ATXG/CUE correlation stands at 0.31 on a 3-year window (1 year: 0.45, 5 years: 0.25), computed from weekly returns as of 2026-08-27.
Is CUE a good diversifier for ATXG?
A fair diversifier. At 0.31, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.31 mean?
On the −1 to +1 scale, 0.31 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/atxg-vs-cue.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/atxg-vs-cue/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ATXG correlations · CUE correlations
