GDTC vs RVTY: Correlation
Measured on weekly returns over the past three years, CytoMed Therapeutics Limited (GDTC) and Revvity (RVTY) carry a correlation of -0.15, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GDTC and RVTY?
Across a 3-year window, the weekly returns of GDTC and RVTY correlate at -0.15, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.26 versus -0.15 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of -398.2 %².
Within GDTC's tracked universe of 16 assets, RVTY comes in at #8 by 3-year correlation. Correlation aside, the last 12 months split them widely, with RVTY ahead by 99.5 points (-52.7% versus +46.8%). Note the risk asymmetry: GDTC runs 2.2 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.
GDTC vs RVTY: side by side
| GDTC (CytoMed Therapeutics Limited) | RVTY (Revvity) | |
|---|---|---|
| 1-year return | -52.7% | +46.8% |
| 5-year return | n/a | -30.2% |
| Volatility (ann.) | 75.2% | 34.2% |
| Beta vs S&P 500 | 0.08 | 0.81 |
| Max drawdown (3Y) | -86.1% | -35.3% |
| Market cap | – | $14.5B |
| P/E (trailing) | – | 62.4 |
| Dividend yield | 0.00% | 0.22% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | GDTC | RVTY |
|---|---|---|
| 2022 | – | -30.1% |
| 2023 | – | -21.9% |
| 2024 | -30.6% | +2.4% |
| 2025 | -60.7% | -13.1% |
| 2026 | -28.8% | +34.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GDTC and RVTY good diversifiers for each other?
Yes. With a correlation of -0.15, GDTC and RVTY have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between GDTC and RVTY?
The GDTC/RVTY correlation stands at -0.15 on a 3-year window (1 year: -0.26, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is RVTY a good diversifier for GDTC?
Yes. With a correlation of -0.15, GDTC and RVTY have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.15 mean?
On the −1 to +1 scale, -0.15 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/gdtc-vs-rvty.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gdtc-vs-rvty/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GDTC correlations · RVTY correlations
