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CPOP vs IFBD: Correlation

Measured on weekly returns over the past three years, Pop Culture Group Co., Ltd - Class A (CPOP) and Infobird Co., Ltd (IFBD) carry a correlation of 0.33, a moderate link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.33
moderate
Correlation (1Y)
0.05
last 12 months
Correlation (5Y)
0.30
long-run
Ann. covariance
6141.7
%² · weekly, annualized

How correlated are CPOP and IFBD?

On 3 years of weekly data the CPOP/IFBD correlation comes out at 0.33, moderate. The link has loosened recently: the 1-year correlation (0.05) runs below the 3-year figure (0.33). The 5-year figure is 0.30, and annualized covariance runs at 6141.7 %².

Within CPOP's tracked universe of 16 assets, IFBD comes in at #7 by 3-year correlation. Correlation aside, the last 12 months split them widely, with IFBD ahead by 84.5 points (-97.0% versus -12.5%).

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.

CPOP vs IFBD: side by side

CPOP (Pop Culture Group Co., Ltd - Class A)IFBD (Infobird Co., Ltd)
1-year return-97.0%-12.5%
5-year return-99.9%-100.0%
Volatility (ann.)129.2%145.7%
Beta vs S&P 5000.690.85
Max drawdown (3Y)-99.6%-98.4%
Market cap
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: IFBD -98.4% vs -99.6%Higher 5y return: CPOP -99.9% vs -100.0%
-97%0%+31%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. CPOP · IFBD

Year-by-year returns

YearCPOPIFBD
2022-78.5%-88.9%
2023-86.3%-97.8%
2024+9.3%-78.4%
2025-64.1%-57.9%
2026-91.6%-4.3%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are CPOP and IFBD good diversifiers for each other?

Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.

FAQ

What is the correlation between CPOP and IFBD?

The CPOP/IFBD correlation stands at 0.33 on a 3-year window (1 year: 0.05, 5 years: 0.30), computed from weekly returns as of 2026-08-27.

Is IFBD a good diversifier for CPOP?

Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.

What does a correlation of 0.33 mean?

A reading of 0.33 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

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CPOP vs IFBD: 3-year weekly correlation 0.33CPOP vs IFBD0.33

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Related comparisons

Hubs: CPOP correlations · IFBD correlations