CTOR vs GNLN: Correlation
Citius Oncology, Inc. (CTOR) and Greenlane Holdings, Inc. (GNLN) show a negative relationship: their 3-year correlation of weekly returns is -0.27.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CTOR and GNLN?
On 3 years of weekly data the CTOR/GNLN correlation comes out at -0.27, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.11) runs above the 3-year figure (-0.27). The 5-year figure is -0.26, and annualized covariance runs at -11251.6 %².
Within CTOR's tracked universe of 21 assets, GNLN comes in at #15 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months CTOR outperformed by 27.0 percentage points (-62.2% for CTOR against -89.2% for GNLN).
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.
CTOR vs GNLN: side by side
| CTOR (Citius Oncology, Inc.) | GNLN (Greenlane Holdings, Inc.) | |
|---|---|---|
| 1-year return | -62.2% | -89.2% |
| 5-year return | n/a | -100.0% |
| Volatility (ann.) | 182.3% | 231.5% |
| Beta vs S&P 500 | 1.25 | 2.48 |
| Max drawdown (3Y) | -98.8% | -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 | CTOR | GNLN |
|---|---|---|
| 2022 | – | -98.5% |
| 2023 | +7.7% | -82.0% |
| 2024 | -89.5% | -71.0% |
| 2025 | -13.0% | -99.9% |
| 2026 | -21.0% | -77.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CTOR and GNLN good diversifiers for each other?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CTOR and GNLN?
As of 2026-08-27, the correlation of weekly returns between CTOR and GNLN is -0.27 over 3 years, 0.11 over 1 year and -0.26 over 5 years.
Is GNLN a good diversifier for CTOR?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.27 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/ctor-vs-gnln.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ctor-vs-gnln/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CTOR correlations · GNLN correlations
