GDHG vs NSTS: Correlation
Golden Heaven Group Holdings Ltd. - Class A (GDHG) and NSTS Bancorp, Inc. (NSTS) show a negative relationship: their 3-year correlation of weekly returns is -0.30.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GDHG and NSTS?
On 3 years of weekly data the GDHG/NSTS correlation comes out at -0.30, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.11) than the 3-year average (-0.30). The 5-year figure is n/a, and annualized covariance runs at -1171.0 %².
NSTS is close to the least connected end of GDHG's tracked universe, ranking #13 of 13. Correlation aside, the last 12 months split them widely, with NSTS ahead by 95.3 points (-77.4% versus +17.9%). One caveat on sizing: GDHG is 10.7 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.
GDHG vs NSTS: side by side
| GDHG (Golden Heaven Group Holdings Ltd. - Class A) | NSTS (NSTS Bancorp, Inc.) | |
|---|---|---|
| 1-year return | -77.4% | +17.9% |
| 5-year return | n/a | +11.4% |
| Volatility (ann.) | 203.3% | 19.0% |
| Beta vs S&P 500 | 1.20 | 0.01 |
| Max drawdown (3Y) | -100.0% | -18.5% |
| Market cap | – | $0.1B |
| P/E (trailing) | 0.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GDHG | NSTS |
|---|---|---|
| 2023 | – | -6.1% |
| 2024 | -93.7% | +24.1% |
| 2025 | -99.8% | +9.7% |
| 2026 | -31.8% | +8.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GDHG and NSTS good diversifiers for each other?
Yes. With a correlation of -0.30, GDHG and NSTS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between GDHG and NSTS?
The GDHG/NSTS correlation stands at -0.30 on a 3-year window (1 year: -0.11, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is NSTS a good diversifier for GDHG?
Yes. With a correlation of -0.30, GDHG and NSTS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.30 mean?
A reading of -0.30 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/gdhg-vs-nsts.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gdhg-vs-nsts/)
No key needed, free to use. Full endpoint list in the API documentation.
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Hubs: GDHG correlations · NSTS correlations
