CDTG vs UONE: Correlation
CDT Environmental Technology Investment Holdings Limited (CDTG) and Urban One, Inc. (UONE) show a negative relationship: their 3-year correlation of weekly returns is -0.21.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CDTG and UONE?
On 3 years of weekly data the CDTG/UONE correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.18) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at -2193.9 %².
Among the 34 assets we track against CDTG, UONE ranks #18 by 3-year correlation. The last year tells two different stories: UONE led by 22.2 percentage points, -92.6% for CDTG against -70.4% for UONE. Note the risk asymmetry: CDTG runs 2.4 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 UONE: side by side
| CDTG (CDT Environmental Technology Investment Holdings Limited) | UONE (Urban One, Inc.) | |
|---|---|---|
| 1-year return | -92.6% | -70.4% |
| 5-year return | n/a | -93.9% |
| Volatility (ann.) | 160.6% | 67.2% |
| Beta vs S&P 500 | 0.42 | 0.97 |
| Max drawdown (3Y) | -99.2% | -91.9% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CDTG | UONE |
|---|---|---|
| 2022 | – | -2.2% |
| 2023 | – | -11.4% |
| 2024 | – | -61.8% |
| 2025 | -92.2% | -33.1% |
| 2026 | -87.0% | -53.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CDTG and UONE good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between CDTG and UONE?
The CDTG/UONE correlation stands at -0.21 on a 3-year window (1 year: -0.18, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is UONE a good diversifier for CDTG?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 mean?
A reading of -0.21 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-uone.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/cdtg-vs-uone/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CDTG correlations · UONE correlations
