CCTG vs CRBP: Correlation
Measured on weekly returns over the past three years, CCSC Technology International Holdings Limited - Class A (CCTG) and Corbus Pharmaceuticals Holdings, Inc. (CRBP) carry a correlation of 0.49, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CCTG and CRBP?
Over the past 3 years, CCTG and CRBP moved with a correlation of 0.49, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.13 versus 0.49 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 15009.3 %².
CRBP is one of the assets that tracks CCTG most closely: it ranks #3 out of the 10 assets we track against CCTG. Their recent paths diverged sharply: over the last 12 months CRBP outperformed by 100.0 percentage points (-93.7% for CCTG against +6.3% for CRBP).
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.
CCTG vs CRBP: side by side
| CCTG (CCSC Technology International Holdings Limited - Class A) | CRBP (Corbus Pharmaceuticals Holdings, Inc.) | |
|---|---|---|
| 1-year return | -93.7% | +6.3% |
| 5-year return | n/a | -68.8% |
| Volatility (ann.) | 142.0% | 207.1% |
| Beta vs S&P 500 | 1.57 | 1.79 |
| Max drawdown (3Y) | -99.8% | -92.0% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CCTG | CRBP |
|---|---|---|
| 2022 | – | -82.0% |
| 2023 | – | +81.4% |
| 2024 | – | +95.4% |
| 2025 | -90.1% | -31.0% |
| 2026 | -55.6% | +36.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CCTG and CRBP good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CCTG and CRBP?
Using weekly returns as of 2026-08-27: 0.49 over 3 years, with 0.13 over the last year and n/a over 5 years.
Is CRBP a good diversifier for CCTG?
Yes, to a useful degree: a correlation of 0.49 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.49 mean?
On the −1 to +1 scale, 0.49 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/cctg-vs-crbp.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cctg-vs-crbp/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CCTG correlations · CRBP correlations
