CCTG vs WNW: Correlation
CCSC Technology International Holdings Limited - Class A (CCTG) and Meiwu Technology Company Limited (WNW) show a moderate relationship: their 3-year correlation of weekly returns is 0.38.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CCTG and WNW?
Across a 3-year window, the weekly returns of CCTG and WNW correlate at 0.38, moderate. The past 12 months show a weaker link (0.22) than the 3-year average (0.38). Stretching to 5 years gives n/a, with an annualized covariance of 9301.4 %².
Within CCTG's tracked universe of 10 assets, WNW comes in at #5 by 3-year correlation. Their 12-month results are close: -93.7% for CCTG against -98.1% for WNW.
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 WNW: side by side
| CCTG (CCSC Technology International Holdings Limited - Class A) | WNW (Meiwu Technology Company Limited) | |
|---|---|---|
| 1-year return | -93.7% | -98.1% |
| 5-year return | n/a | -100.0% |
| Volatility (ann.) | 142.0% | 167.8% |
| Beta vs S&P 500 | 1.57 | 1.36 |
| Max drawdown (3Y) | -99.8% | -100.0% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CCTG | WNW |
|---|---|---|
| 2022 | – | -91.9% |
| 2023 | – | -49.4% |
| 2024 | – | -38.5% |
| 2025 | -90.1% | -96.7% |
| 2026 | -55.6% | -97.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CCTG and WNW good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CCTG and WNW?
As of 2026-08-27, the correlation of weekly returns between CCTG and WNW is 0.38 over 3 years, 0.22 over 1 year and n/a over 5 years.
Is WNW a good diversifier for CCTG?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.38 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cctg-vs-wnw.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cctg-vs-wnw/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CCTG correlations · WNW correlations
