CING vs GNLN: Correlation
Cingulate Inc. (CING) and Greenlane Holdings, Inc. (GNLN) show a strong relationship: their 3-year correlation of weekly returns is 0.76.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CING and GNLN?
Over the past 3 years, CING and GNLN moved with a correlation of 0.76, which is strong. The past 12 months show a weaker link (0.06) than the 3-year average (0.76). Over 5 years the correlation is 0.72, and the annualized covariance of weekly returns is 71783.3 %².
In CING's tracked universe of 14 assets, GNLN sits right near the top at #1. Correlation aside, the last 12 months split them widely, with CING ahead by 119.3 points (+30.1% versus -89.2%). Risk is not evenly split, since CING carries 1.8 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.
CING vs GNLN: side by side
| CING (Cingulate Inc.) | GNLN (Greenlane Holdings, Inc.) | |
|---|---|---|
| 1-year return | +30.1% | -89.2% |
| 5-year return | -99.5% | -100.0% |
| Volatility (ann.) | 405.7% | 231.5% |
| Beta vs S&P 500 | 3.94 | 2.48 |
| Max drawdown (3Y) | -99.0% | -100.0% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | 0.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CING | GNLN |
|---|---|---|
| 2022 | -63.8% | -98.5% |
| 2023 | -61.7% | -82.0% |
| 2024 | -94.6% | -71.0% |
| 2025 | -12.0% | -99.9% |
| 2026 | +25.3% | -77.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CING and GNLN good diversifiers for each other?
Somewhat, no more. With 0.76 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between CING and GNLN?
Using weekly returns as of 2026-08-27: 0.76 over 3 years, with 0.06 over the last year and 0.72 over 5 years.
Is GNLN a good diversifier for CING?
Somewhat, no more. With 0.76 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.76 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/cing-vs-gnln.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cing-vs-gnln/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CING correlations · GNLN correlations
