CDTG vs DE: Correlation
CDT Environmental Technology Investment Holdings Limited (CDTG) and Deere & Company (DE) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CDTG and DE?
On 3 years of weekly data the CDTG/DE correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.27 lands near the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at -964.3 %².
By 3-year correlation, DE places #19 of the 34 assets tracked against CDTG. Correlation aside, the last 12 months split them widely, with DE ahead by 120.5 points (-92.6% versus +27.9%). Risk is not evenly split, since CDTG carries 6.0 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.
CDTG vs DE: side by side
| CDTG (CDT Environmental Technology Investment Holdings Limited) | DE (Deere & Company) | |
|---|---|---|
| 1-year return | -92.6% | +27.9% |
| 5-year return | n/a | +74.5% |
| Volatility (ann.) | 160.6% | 26.7% |
| Beta vs S&P 500 | 0.42 | 0.65 |
| Max drawdown (3Y) | -99.2% | -19.9% |
| Market cap | – | $168.1B |
| P/E (trailing) | – | 35.2 |
| Dividend yield | 0.00% | 1.02% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | CDTG | DE |
|---|---|---|
| 2022 | – | +26.6% |
| 2023 | – | -5.5% |
| 2024 | – | +7.6% |
| 2025 | -92.2% | +11.4% |
| 2026 | -87.0% | +34.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CDTG and DE good diversifiers for each other?
Yes. With a correlation of -0.22, CDTG and DE have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between CDTG and DE?
As of 2026-08-27, the correlation of weekly returns between CDTG and DE is -0.22 over 3 years, -0.27 over 1 year and n/a over 5 years.
Is DE a good diversifier for CDTG?
Yes. With a correlation of -0.22, CDTG and DE have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 mean?
A reading of -0.22 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/cdtg-vs-de.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cdtg-vs-de/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CDTG correlations · DE correlations
