FROG vs GDC: Correlation
Measured on weekly returns over the past three years, JFrog Ltd. (FROG) and GD Culture Group Limited (GDC) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FROG and GDC?
On 3 years of weekly data the FROG/GDC correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.35) runs below the 3-year figure (-0.22). The 5-year figure is -0.06, and annualized covariance runs at -2243.4 %².
Out of 15 assets tracked against FROG, GDC lands near the bottom at #12. Correlation aside, the last 12 months split them widely, with FROG ahead by 212.1 points (+112.3% versus -99.8%). Risk is not evenly split, since GDC carries 3.2 times the volatility of the other side.
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.
FROG vs GDC: side by side
| FROG (JFrog Ltd.) | GDC (GD Culture Group Limited) | |
|---|---|---|
| 1-year return | +112.3% | -99.8% |
| 5-year return | +167.6% | -100.0% |
| Volatility (ann.) | 56.8% | 181.6% |
| Beta vs S&P 500 | 1.24 | 1.33 |
| Max drawdown (3Y) | -49.6% | -99.9% |
| Market cap | $12.8B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FROG | GDC |
|---|---|---|
| 2022 | -28.2% | -93.5% |
| 2023 | +62.3% | +23.0% |
| 2024 | -15.0% | -26.5% |
| 2025 | +112.4% | +125.4% |
| 2026 | +66.6% | -99.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FROG and GDC good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between FROG and GDC?
The FROG/GDC correlation stands at -0.22 on a 3-year window (1 year: -0.35, 5 years: -0.06), computed from weekly returns as of 2026-08-27.
Is GDC a good diversifier for FROG?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/frog-vs-gdc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/frog-vs-gdc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FROG correlations · GDC correlations
