GAIA vs NXTT: Correlation
Measured on weekly returns over the past three years, Gaia, Inc. (GAIA) and Next Technology Holding Inc. (NXTT) carry a correlation of -0.21, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GAIA and NXTT?
Across a 3-year window, the weekly returns of GAIA and NXTT correlate at -0.21, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.32 versus -0.21 over 3 years. Stretching to 5 years gives -0.16, with an annualized covariance of -89077.5 %².
Out of 12 assets tracked against GAIA, NXTT lands near the bottom at #10. The last year tells two different stories: GAIA led by 22.7 percentage points, -71.6% for GAIA against -94.3% for NXTT. Note the risk asymmetry: NXTT runs 138.6 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.
GAIA vs NXTT: side by side
| GAIA (Gaia, Inc.) | NXTT (Next Technology Holding Inc.) | |
|---|---|---|
| 1-year return | -71.6% | -94.3% |
| 5-year return | -83.8% | -100.0% |
| Volatility (ann.) | 55.6% | 7704.0% |
| Beta vs S&P 500 | 0.80 | 8.14 |
| Max drawdown (3Y) | -81.3% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GAIA | NXTT |
|---|---|---|
| 2022 | -72.2% | – |
| 2023 | +13.4% | -93.9% |
| 2024 | +66.3% | -36.6% |
| 2025 | -19.2% | -98.8% |
| 2026 | -56.2% | +14.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GAIA and NXTT good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between GAIA and NXTT?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.32 over the last year and -0.16 over 5 years.
Is NXTT a good diversifier for GAIA?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 mean?
A reading of -0.21 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/gaia-vs-nxtt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gaia-vs-nxtt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GAIA correlations · NXTT correlations
