GDHG vs MLGO: Correlation
Measured on weekly returns over the past three years, Golden Heaven Group Holdings Ltd. - Class A (GDHG) and MicroAlgo, Inc. (MLGO) carry a correlation of 0.47, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GDHG and MLGO?
On 3 years of weekly data the GDHG/MLGO correlation comes out at 0.47, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.06 versus 0.47 over 3 years. The 5-year figure is n/a, and annualized covariance runs at 47207.3 %².
In GDHG's tracked universe of 13 assets, MLGO sits right near the top at #2. Correlation aside, the last 12 months split them widely, with MLGO ahead by 24.5 points (-77.4% versus -52.9%). Note the risk asymmetry: MLGO runs 2.4 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.
GDHG vs MLGO: side by side
| GDHG (Golden Heaven Group Holdings Ltd. - Class A) | MLGO (MicroAlgo, Inc.) | |
|---|---|---|
| 1-year return | -77.4% | -52.9% |
| 5-year return | n/a | -100.0% |
| Volatility (ann.) | 203.3% | 489.7% |
| Beta vs S&P 500 | 1.20 | -2.77 |
| Max drawdown (3Y) | -100.0% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | 0.0 | 1.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GDHG | MLGO |
|---|---|---|
| 2022 | – | -87.6% |
| 2023 | – | -27.0% |
| 2024 | -93.7% | -97.9% |
| 2025 | -99.8% | -96.1% |
| 2026 | -31.8% | -6.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GDHG and MLGO good diversifiers for each other?
Reasonably. At 0.47, GDHG and MLGO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between GDHG and MLGO?
As of 2026-08-27, the correlation of weekly returns between GDHG and MLGO is 0.47 over 3 years, 0.06 over 1 year and n/a over 5 years.
Is MLGO a good diversifier for GDHG?
Reasonably. At 0.47, GDHG and MLGO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.47 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/gdhg-vs-mlgo.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gdhg-vs-mlgo/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GDHG correlations · MLGO correlations
