DTSS vs SSRM: Correlation
Measured on weekly returns over the past three years, Datasea Intelligent Technology Ltd. - Class A (DTSS) and SSR Mining Inc. (SSRM) carry a correlation of -0.37, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DTSS and SSRM?
Across a 3-year window, the weekly returns of DTSS and SSRM correlate at -0.37, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.15) than the 3-year average (-0.37). Stretching to 5 years gives -0.29, with an annualized covariance of -4933.9 %².
SSRM is close to the least connected end of DTSS's tracked universe, ranking #10 of 10. Their recent paths diverged sharply: over the last 12 months SSRM outperformed by 178.3 percentage points (-66.5% for DTSS against +111.8% for SSRM). One caveat on sizing: DTSS is 3.2 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
DTSS vs SSRM: side by side
| DTSS (Datasea Intelligent Technology Ltd. - Class A) | SSRM (SSR Mining Inc.) | |
|---|---|---|
| 1-year return | -66.5% | +111.8% |
| 5-year return | -97.7% | +149.2% |
| Volatility (ann.) | 206.7% | 64.6% |
| Beta vs S&P 500 | 1.21 | 0.98 |
| Max drawdown (3Y) | -93.3% | -73.4% |
| Market cap | – | $8.0B |
| P/E (trailing) | – | 14.7 |
| Dividend yield | 0.00% | 0.08% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DTSS | SSRM |
|---|---|---|
| 2022 | -3.8% | -10.0% |
| 2023 | -84.3% | -29.9% |
| 2024 | -35.0% | -35.3% |
| 2025 | -71.4% | +214.9% |
| 2026 | +10.1% | +78.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DTSS and SSRM good diversifiers for each other?
Yes. With a correlation of -0.37, DTSS and SSRM have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between DTSS and SSRM?
Using weekly returns as of 2026-08-27: -0.37 over 3 years, with 0.15 over the last year and -0.29 over 5 years.
Is SSRM a good diversifier for DTSS?
Yes. With a correlation of -0.37, DTSS and SSRM have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.37 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/dtss-vs-ssrm.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dtss-vs-ssrm/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DTSS correlations · SSRM correlations
