CISO vs GRRR: Correlation
CISO Global, Inc. (CISO) and Gorilla Technology Group Inc. (GRRR) show a moderate relationship: their 3-year correlation of weekly returns is 0.40.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CISO and GRRR?
Across a 3-year window, the weekly returns of CISO and GRRR correlate at 0.40, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.52 versus 0.40 over 3 years. Stretching to 5 years gives 0.14, with an annualized covariance of 6169.8 %².
Few assets follow CISO as closely as GRRR, which ranks #2 of 10 tracked partners. Their recent paths diverged sharply: over the last 12 months GRRR outperformed by 72.9 percentage points (-76.0% for CISO against -3.1% for GRRR).
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.
CISO vs GRRR: side by side
| CISO (CISO Global, Inc.) | GRRR (Gorilla Technology Group Inc.) | |
|---|---|---|
| 1-year return | -76.0% | -3.1% |
| 5-year return | -99.7% | -84.2% |
| Volatility (ann.) | 130.3% | 116.9% |
| Beta vs S&P 500 | 1.40 | 1.92 |
| Max drawdown (3Y) | -93.9% | -85.8% |
| Market cap | – | $0.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CISO | GRRR |
|---|---|---|
| 2022 | – | -18.9% |
| 2023 | -96.0% | -93.4% |
| 2024 | +126.8% | +235.1% |
| 2025 | -86.2% | -39.5% |
| 2026 | -53.1% | +43.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CISO and GRRR good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CISO and GRRR?
Using weekly returns as of 2026-08-27: 0.40 over 3 years, with 0.52 over the last year and 0.14 over 5 years.
Is GRRR a good diversifier for CISO?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.40 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/ciso-vs-grrr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ciso-vs-grrr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CISO correlations · GRRR correlations
