CHNR vs DTSS: Correlation
China Natural Resources, Inc. (CHNR) and Datasea Intelligent Technology Ltd. - Class A (DTSS) show a strong relationship: their 3-year correlation of weekly returns is 0.72.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHNR and DTSS?
On 3 years of weekly data the CHNR/DTSS correlation comes out at 0.72, strong. The link has loosened recently: the 1-year correlation (0.23) runs below the 3-year figure (0.72). The 5-year figure is 0.45, and annualized covariance runs at 12414.8 %².
DTSS is one of the assets that tracks CHNR most closely: it ranks #1 out of the 22 assets we track against CHNR. The last year tells two different stories: CHNR led by 74.7 percentage points, +8.2% for CHNR against -66.5% for DTSS. One caveat on sizing: DTSS is 2.5 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
CHNR vs DTSS: side by side
| CHNR (China Natural Resources, Inc.) | DTSS (Datasea Intelligent Technology Ltd. - Class A) | |
|---|---|---|
| 1-year return | +8.2% | -66.5% |
| 5-year return | -91.7% | -97.7% |
| Volatility (ann.) | 83.4% | 206.7% |
| Beta vs S&P 500 | 0.65 | 1.21 |
| Max drawdown (3Y) | -88.4% | -93.3% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CHNR | DTSS |
|---|---|---|
| 2022 | -34.5% | -3.8% |
| 2023 | -16.3% | -84.3% |
| 2024 | -57.2% | -35.0% |
| 2025 | -33.8% | -71.4% |
| 2026 | +13.9% | +10.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHNR and DTSS good diversifiers for each other?
To a limited degree. At 0.72 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between CHNR and DTSS?
As of 2026-08-27, the correlation of weekly returns between CHNR and DTSS is 0.72 over 3 years, 0.23 over 1 year and 0.45 over 5 years.
Is DTSS a good diversifier for CHNR?
To a limited degree. At 0.72 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.72 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.
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Related comparisons
Hubs: CHNR correlations · DTSS correlations
