CCG vs CDT: Correlation
Cheche Group Inc. - Class A (CCG) and CDT Equity Inc. (CDT) show a very strong relationship: their 3-year correlation of weekly returns is 0.94.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CCG and CDT?
Over the past 3 years, CCG and CDT moved with a correlation of 0.94, which is very strong, meaning they move nearly in lockstep. The relationship has been stable: the 1-year correlation (0.99) sits close to the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 808498.9 %².
Among the 10 assets we track against CCG, CDT ranks #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with CCG ahead by 1960.7 points (+1861.4% versus -99.3%). Note the risk asymmetry: CCG runs 2.9 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.
CCG vs CDT: side by side
| CCG (Cheche Group Inc. - Class A) | CDT (CDT Equity Inc.) | |
|---|---|---|
| 1-year return | +1861.4% | -99.3% |
| 5-year return | n/a | -100.0% |
| Volatility (ann.) | 1560.5% | 546.1% |
| Beta vs S&P 500 | -3.24 | 0.29 |
| Max drawdown (3Y) | -99.5% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CCG | CDT |
|---|---|---|
| 2023 | – | -55.6% |
| 2024 | -86.2% | -98.5% |
| 2025 | -6.7% | -99.8% |
| 2026 | +1856.6% | -94.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CCG and CDT good diversifiers for each other?
Not really. At 0.94, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between CCG and CDT?
Using weekly returns as of 2026-08-27: 0.94 over 3 years, with 0.99 over the last year and n/a over 5 years.
Is CDT a good diversifier for CCG?
Not really. At 0.94, the two trade almost as one position, and owning both buys little extra protection.
What does a correlation of 0.94 mean?
On the −1 to +1 scale, 0.94 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
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Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ccg-vs-cdt/)
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Related comparisons
Hubs: CCG correlations · CDT correlations
