AZTR vs GRRR: Correlation
Measured on weekly returns over the past three years, Azitra Inc (AZTR) and Gorilla Technology Group Inc. (GRRR) carry a correlation of 0.31, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AZTR and GRRR?
Over the past 3 years, AZTR and GRRR moved with a correlation of 0.31, which is moderate. The relationship has been stable: the 1-year correlation (0.22) sits close to the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 4123.5 %².
GRRR is one of the assets that tracks AZTR most closely: it ranks #2 out of the 10 assets we track against AZTR. Correlation aside, the last 12 months split them widely, with GRRR ahead by 78.9 points (-82.0% versus -3.1%).
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.
AZTR vs GRRR: side by side
| AZTR (Azitra Inc) | GRRR (Gorilla Technology Group Inc.) | |
|---|---|---|
| 1-year return | -82.0% | -3.1% |
| 5-year return | n/a | -84.2% |
| Volatility (ann.) | 113.7% | 116.9% |
| Beta vs S&P 500 | 1.30 | 1.92 |
| Max drawdown (3Y) | -100.0% | -85.8% |
| Market cap | – | $0.4B |
| P/E (trailing) | 9.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AZTR | GRRR |
|---|---|---|
| 2022 | – | -18.9% |
| 2023 | – | -93.4% |
| 2024 | -98.5% | +235.1% |
| 2025 | -90.7% | -39.5% |
| 2026 | -29.9% | +43.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AZTR and GRRR 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 AZTR and GRRR?
Using weekly returns as of 2026-08-27: 0.31 over 3 years, with 0.22 over the last year and n/a over 5 years.
Is GRRR a good diversifier for AZTR?
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?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aztr-vs-grrr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aztr-vs-grrr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AZTR correlations · GRRR correlations
