CNTN vs SUPX: Correlation
How closely do Canton Strategic Holdings, Inc. (CNTN) and SuperX AI Technology Limited (SUPX) trade together? Their weekly returns over three years give a correlation of 0.33, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CNTN and SUPX?
On 3 years of weekly data the CNTN/SUPX correlation comes out at 0.33, moderate. The relationship has been stable: the 1-year correlation (0.25) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 7356.3 %².
By 3-year correlation, SUPX places #6 of the 11 assets tracked against CNTN. The last year tells two different stories: CNTN led by 24.4 percentage points, -52.6% for CNTN against -77.0% for SUPX. Note the risk asymmetry: CNTN runs 1.6 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.
CNTN vs SUPX: side by side
| CNTN (Canton Strategic Holdings, Inc.) | SUPX (SuperX AI Technology Limited) | |
|---|---|---|
| 1-year return | -52.6% | -77.0% |
| 5-year return | -99.8% | n/a |
| Volatility (ann.) | 182.3% | 115.6% |
| Beta vs S&P 500 | 0.52 | 0.01 |
| Max drawdown (3Y) | -99.0% | -92.3% |
| Market cap | $0.2B | $0.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CNTN | SUPX |
|---|---|---|
| 2023 | -94.8% | – |
| 2024 | -73.4% | – |
| 2025 | +49.3% | +318.1% |
| 2026 | -22.4% | -37.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CNTN and SUPX good diversifiers for each other?
Reasonably. At 0.33, CNTN and SUPX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between CNTN and SUPX?
Using weekly returns as of 2026-08-27: 0.33 over 3 years, with 0.25 over the last year and n/a over 5 years.
Is SUPX a good diversifier for CNTN?
Reasonably. At 0.33, CNTN and SUPX keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.33 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/cntn-vs-supx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cntn-vs-supx/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CNTN correlations · SUPX correlations
