GALT vs TRON: Correlation
Measured on weekly returns over the past three years, Galectin Therapeutics Inc. (GALT) and Tron Inc. (TRON) carry a correlation of 0.42, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GALT and TRON?
Across a 3-year window, the weekly returns of GALT and TRON correlate at 0.42, moderate. The link has loosened recently: the 1-year correlation (0.02) runs below the 3-year figure (0.42). Stretching to 5 years gives n/a, with an annualized covariance of 17193.1 %².
In GALT's tracked universe of 11 assets, TRON sits right near the top at #1. Their recent paths diverged sharply: over the last 12 months GALT outperformed by 60.8 percentage points (+4.0% for GALT against -56.8% for TRON). Note the risk asymmetry: TRON runs 4.1 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.
GALT vs TRON: side by side
| GALT (Galectin Therapeutics Inc.) | TRON (Tron Inc.) | |
|---|---|---|
| 1-year return | +4.0% | -56.8% |
| 5-year return | +7.5% | n/a |
| Volatility (ann.) | 99.6% | 408.5% |
| Beta vs S&P 500 | 0.29 | 0.10 |
| Max drawdown (3Y) | -80.0% | -91.5% |
| Market cap | $0.4B | $1.0B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GALT | TRON |
|---|---|---|
| 2022 | -45.4% | – |
| 2023 | +46.9% | – |
| 2024 | -22.3% | -59.4% |
| 2025 | +222.5% | +97.1% |
| 2026 | -0.5% | +72.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GALT and TRON good diversifiers for each other?
Reasonably. At 0.42, GALT and TRON keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between GALT and TRON?
The GALT/TRON correlation stands at 0.42 on a 3-year window (1 year: 0.02, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is TRON a good diversifier for GALT?
Reasonably. At 0.42, GALT and TRON keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/galt-vs-tron.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/galt-vs-tron/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GALT correlations · TRON correlations
