CDTG vs SANA: Correlation
Measured on weekly returns over the past three years, CDT Environmental Technology Investment Holdings Limited (CDTG) and Sana Biotechnology, Inc. (SANA) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CDTG and SANA?
On 3 years of weekly data the CDTG/SANA correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.07) runs above the 3-year figure (-0.22). The 5-year figure is n/a, and annualized covariance runs at -4034.7 %².
By 3-year correlation, SANA places #21 of the 34 assets tracked against CDTG. Their recent paths diverged sharply: over the last 12 months SANA outperformed by 114.0 percentage points (-92.6% for CDTG against +21.4% for SANA).
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 SANA: side by side
| CDTG (CDT Environmental Technology Investment Holdings Limited) | SANA (Sana Biotechnology, Inc.) | |
|---|---|---|
| 1-year return | -92.6% | +21.4% |
| 5-year return | n/a | -82.9% |
| Volatility (ann.) | 160.6% | 115.0% |
| Beta vs S&P 500 | 0.42 | 1.88 |
| Max drawdown (3Y) | -99.2% | -88.1% |
| Market cap | – | $1.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CDTG | SANA |
|---|---|---|
| 2022 | – | -74.5% |
| 2023 | – | +3.3% |
| 2024 | – | -60.0% |
| 2025 | -92.2% | +149.7% |
| 2026 | -87.0% | +0.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CDTG and SANA good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between CDTG and SANA?
As of 2026-08-27, the correlation of weekly returns between CDTG and SANA is -0.22 over 3 years, -0.07 over 1 year and n/a over 5 years.
Is SANA a good diversifier for CDTG?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
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-sana.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cdtg-vs-sana/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CDTG correlations · SANA correlations
