DOMH vs GCL: Correlation
Measured on weekly returns over the past three years, Dominari Holdings Inc. (DOMH) and GCL Global Holdings Ltd (GCL) carry a correlation of -0.42, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DOMH and GCL?
On 3 years of weekly data the DOMH/GCL correlation comes out at -0.42, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.18) than the 3-year average (-0.42). The 5-year figure is -0.42, and annualized covariance runs at -6608.6 %².
GCL is close to the least connected end of DOMH's tracked universe, ranking #23 of 23. Correlation aside, the last 12 months split them widely, with DOMH ahead by 28.7 points (-52.3% versus -81.0%). Note the risk asymmetry: DOMH runs 2.1 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.
DOMH vs GCL: side by side
| DOMH (Dominari Holdings Inc.) | GCL (GCL Global Holdings Ltd) | |
|---|---|---|
| 1-year return | -52.3% | -81.0% |
| 5-year return | -76.1% | -93.2% |
| Volatility (ann.) | 181.7% | 85.9% |
| Beta vs S&P 500 | 2.30 | 0.21 |
| Max drawdown (3Y) | -77.9% | -96.7% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DOMH | GCL |
|---|---|---|
| 2022 | -67.3% | – |
| 2023 | -21.0% | +6.1% |
| 2024 | -62.2% | +6.9% |
| 2025 | +445.6% | -90.7% |
| 2026 | -40.0% | -36.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DOMH and GCL good diversifiers for each other?
Yes. With a correlation of -0.42, DOMH and GCL have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between DOMH and GCL?
Using weekly returns as of 2026-08-27: -0.42 over 3 years, with 0.18 over the last year and -0.42 over 5 years.
Is GCL a good diversifier for DOMH?
Yes. With a correlation of -0.42, DOMH and GCL have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.42 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.
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Related comparisons
Hubs: DOMH correlations · GCL correlations
