CODX vs YYGH: Correlation
Measured on weekly returns over the past three years, Co-Diagnostics, Inc. (CODX) and YY Group Holding Limited - Class A (YYGH) carry a correlation of -0.25, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CODX and YYGH?
On 3 years of weekly data the CODX/YYGH correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.27 over 1 year against -0.25 over 3. The 5-year figure is n/a, and annualized covariance runs at -8484.9 %².
Out of 24 assets tracked against CODX, YYGH lands near the bottom at #21. Over the last 12 months CODX came out ahead by 12.8 percentage points (-87.1% against -99.9%).
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.
CODX vs YYGH: side by side
| CODX (Co-Diagnostics, Inc.) | YYGH (YY Group Holding Limited - Class A) | |
|---|---|---|
| 1-year return | -87.1% | -99.9% |
| 5-year return | -99.6% | n/a |
| Volatility (ann.) | 203.9% | 147.2% |
| Beta vs S&P 500 | 2.30 | 2.16 |
| Max drawdown (3Y) | -97.9% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CODX | YYGH |
|---|---|---|
| 2022 | -71.8% | – |
| 2023 | -47.2% | – |
| 2024 | -43.6% | – |
| 2025 | -77.5% | -89.3% |
| 2026 | -75.1% | -99.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CODX and YYGH good diversifiers for each other?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
FAQ
What is the correlation between CODX and YYGH?
Using weekly returns as of 2026-08-27: -0.25 over 3 years, with -0.27 over the last year and n/a over 5 years.
Is YYGH a good diversifier for CODX?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
What does a correlation of -0.25 mean?
A reading of -0.25 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/codx-vs-yygh.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/codx-vs-yygh/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CODX correlations · YYGH correlations
