BFRI vs GDC: Correlation
How closely do Biofrontera Inc. (BFRI) and GD Culture Group Limited (GDC) trade together? Their weekly returns over three years give a correlation of -0.22, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BFRI and GDC?
Across a 3-year window, the weekly returns of BFRI and GDC correlate at -0.22, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.10 versus -0.22 over 3 years. Stretching to 5 years gives -0.05, with an annualized covariance of -3650.8 %².
Among the 10 assets we track against BFRI, GDC sits near the bottom by co-movement, at rank #10. The last year tells two different stories: BFRI led by 173.1 percentage points, +73.3% for BFRI against -99.8% for GDC. Note the risk asymmetry: GDC runs 2.0 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.
BFRI vs GDC: side by side
| BFRI (Biofrontera Inc.) | GDC (GD Culture Group Limited) | |
|---|---|---|
| 1-year return | +73.3% | -99.8% |
| 5-year return | -98.3% | -100.0% |
| Volatility (ann.) | 92.3% | 181.6% |
| Beta vs S&P 500 | 0.66 | 1.33 |
| Max drawdown (3Y) | -93.9% | -99.9% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BFRI | GDC |
|---|---|---|
| 2022 | -87.8% | -93.5% |
| 2023 | -84.9% | +23.0% |
| 2024 | -60.6% | -26.5% |
| 2025 | -47.7% | +125.4% |
| 2026 | +161.4% | -99.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BFRI and GDC good diversifiers for each other?
Yes. With a correlation of -0.22, BFRI and GDC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between BFRI and GDC?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.10 over the last year and -0.05 over 5 years.
Is GDC a good diversifier for BFRI?
Yes. With a correlation of -0.22, BFRI and GDC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 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/bfri-vs-gdc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bfri-vs-gdc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BFRI correlations · GDC correlations
