GCTK vs ORBS: Correlation
Measured on weekly returns over the past three years, GlucoTrack, Inc. (GCTK) and Eightco Holdings Inc. (ORBS) carry a correlation of 0.41, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GCTK and ORBS?
On 3 years of weekly data the GCTK/ORBS correlation comes out at 0.41, moderate. The past 12 months show a tighter link (0.66) than the 3-year average (0.41). The 5-year figure is 0.29, and annualized covariance runs at 41577.3 %².
ORBS is one of the assets that tracks GCTK most closely: it ranks #2 out of the 10 assets we track against GCTK. Correlation aside, the last 12 months split them widely, with ORBS ahead by 48.7 points (-93.6% versus -44.9%). One caveat on sizing: ORBS is 3.3 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.
GCTK vs ORBS: side by side
| GCTK (GlucoTrack, Inc.) | ORBS (Eightco Holdings Inc.) | |
|---|---|---|
| 1-year return | -93.6% | -44.9% |
| 5-year return | -100.0% | -100.0% |
| Volatility (ann.) | 174.3% | 575.8% |
| Beta vs S&P 500 | 1.74 | 3.91 |
| Max drawdown (3Y) | -100.0% | -98.7% |
| Market cap | – | $0.3B |
| P/E (trailing) | 0.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GCTK | ORBS |
|---|---|---|
| 2022 | -66.2% | – |
| 2023 | -81.4% | -94.6% |
| 2024 | -71.5% | -14.8% |
| 2025 | -99.1% | -21.0% |
| 2026 | -92.6% | -52.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GCTK and ORBS good diversifiers for each other?
Reasonably. At 0.41, GCTK and ORBS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between GCTK and ORBS?
Using weekly returns as of 2026-08-27: 0.41 over 3 years, with 0.66 over the last year and 0.29 over 5 years.
Is ORBS a good diversifier for GCTK?
Reasonably. At 0.41, GCTK and ORBS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.41 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/gctk-vs-orbs.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/gctk-vs-orbs/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GCTK correlations · ORBS correlations
