CCTG vs MTC: Correlation
Measured on weekly returns over the past three years, CCSC Technology International Holdings Limited - Class A (CCTG) and MMTec, Inc. (MTC) carry a correlation of -0.23, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CCTG and MTC?
Across a 3-year window, the weekly returns of CCTG and MTC correlate at -0.23, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.45 versus -0.23 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of -8113.9 %².
Among the 10 assets we track against CCTG, MTC sits near the bottom by co-movement, at rank #9. The last year tells two different stories: MTC led by 395.8 percentage points, -93.7% for CCTG against +302.1% for MTC. Risk is not evenly split, since MTC carries 1.8 times the volatility of the other side.
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 MTC: side by side
| CCTG (CCSC Technology International Holdings Limited - Class A) | MTC (MMTec, Inc.) | |
|---|---|---|
| 1-year return | -93.7% | +302.1% |
| 5-year return | n/a | -96.8% |
| Volatility (ann.) | 142.0% | 261.2% |
| Beta vs S&P 500 | 1.57 | 0.26 |
| Max drawdown (3Y) | -99.8% | -99.6% |
| Market cap | – | $0.4B |
| P/E (trailing) | – | 5.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CCTG | MTC |
|---|---|---|
| 2022 | – | -88.3% |
| 2023 | – | +29.0% |
| 2024 | – | -80.4% |
| 2025 | -90.1% | +117.8% |
| 2026 | -55.6% | +11.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CCTG and MTC good diversifiers for each other?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CCTG and MTC?
As of 2026-08-27, the correlation of weekly returns between CCTG and MTC is -0.23 over 3 years, -0.45 over 1 year and n/a over 5 years.
Is MTC a good diversifier for CCTG?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.23 mean?
A reading of -0.23 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
$ curl https://www.pairbook.io/api/v1/pairs/cctg-vs-mtc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/cctg-vs-mtc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CCTG correlations · MTC correlations
