GAME vs VCIG: Correlation
Measured on weekly returns over the past three years, GameSquare Holdings, Inc. (GAME) and VCI Global Limited (VCIG) carry a correlation of 0.84, a very strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GAME and VCIG?
Across a 3-year window, the weekly returns of GAME and VCIG correlate at 0.84, very strong, meaning they move nearly in lockstep. Little has changed lately, as the 1-year reading of 0.88 lands near the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of 253365.2 %².
By 3-year correlation, VCIG places #4 of the 10 assets tracked against GAME. Their recent paths diverged sharply: over the last 12 months GAME outperformed by 406.9 percentage points (+307.1% for GAME against -99.8% for VCIG). One caveat on sizing: VCIG is 1.9 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.
GAME vs VCIG: side by side
| GAME (GameSquare Holdings, Inc.) | VCIG (VCI Global Limited) | |
|---|---|---|
| 1-year return | +307.1% | -99.8% |
| 5-year return | -88.4% | n/a |
| Volatility (ann.) | 398.8% | 754.7% |
| Beta vs S&P 500 | 1.64 | 3.93 |
| Max drawdown (3Y) | -90.7% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GAME | VCIG |
|---|---|---|
| 2022 | -67.8% | – |
| 2023 | -53.8% | – |
| 2024 | -54.4% | -98.4% |
| 2025 | -53.3% | -99.9% |
| 2026 | +736.4% | -91.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GAME and VCIG good diversifiers for each other?
No: a correlation of 0.84 means GAME and VCIG tend to fall together, which is precisely when diversification is supposed to help.
FAQ
What is the correlation between GAME and VCIG?
Using weekly returns as of 2026-08-27: 0.84 over 3 years, with 0.88 over the last year and n/a over 5 years.
Is VCIG a good diversifier for GAME?
No: a correlation of 0.84 means GAME and VCIG tend to fall together, which is precisely when diversification is supposed to help.
What does a correlation of 0.84 mean?
On the −1 to +1 scale, 0.84 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/game-vs-vcig.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/game-vs-vcig/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GAME correlations · VCIG correlations
