PairBook
HomeBTCT › BTCT vs GCTK

BTCT vs GCTK: Correlation

Measured on weekly returns over the past three years, BTC Digital Ltd. (BTCT) and GlucoTrack, Inc. (GCTK) carry a correlation of -0.25, a negative link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.25
negative
Correlation (1Y)
0.03
last 12 months
Correlation (5Y)
-0.18
long-run
Ann. covariance
-24493.9
%² · weekly, annualized

How correlated are BTCT and GCTK?

Over the past 3 years, BTCT and GCTK moved with a correlation of -0.25, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.03 versus -0.25 over 3 years. Over 5 years the correlation is -0.18, and the annualized covariance of weekly returns is -24493.9 %².

Within BTCT's tracked universe of 52 assets, GCTK comes in at #32 by 3-year correlation. Correlation aside, the last 12 months split them widely, with BTCT ahead by 73.4 points (-20.2% versus -93.6%). Note the risk asymmetry: BTCT runs 3.3 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.

BTCT vs GCTK: side by side

BTCT (BTC Digital Ltd.)GCTK (GlucoTrack, Inc.)
1-year return-20.2%-93.6%
5-year return-99.5%-100.0%
Volatility (ann.)571.6%174.3%
Beta vs S&P 500-2.211.74
Max drawdown (3Y)-97.8%-100.0%
Market cap
P/E (trailing)0.3
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: BTCT -97.8% vs -100.0%Higher 5y return: BTCT -99.5% vs -100.0%
-94%0%+117%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. BTCT · GCTK

Year-by-year returns

YearBTCTGCTK
2022-97.6%-66.2%
2023+33.9%-81.4%
2024-0.8%-71.5%
2025-72.8%-99.1%
2026+61.5%-92.6%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are BTCT and GCTK good diversifiers for each other?

Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between BTCT and GCTK?

As of 2026-08-27, the correlation of weekly returns between BTCT and GCTK is -0.25 over 3 years, 0.03 over 1 year and -0.18 over 5 years.

Is GCTK a good diversifier for BTCT?

Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.25 mean?

A reading of -0.25 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

Use this data

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/btct-vs-gctk.json

BTCT vs GCTK: 3-year weekly correlation -0.25BTCT vs GCTK-0.25

Drop this badge in a README or notebook; it updates with the data:

[![BTCT vs GCTK correlation](https://www.pairbook.io/api/v1/badge/btct-vs-gctk.svg)](https://www.pairbook.io/pair/btct-vs-gctk/)

Free with attribution; caching and terms are described in the API documentation.

Related comparisons

Hubs: BTCT correlations · GCTK correlations