GDTC vs SNAL: Correlation
Measured on weekly returns over the past three years, CytoMed Therapeutics Limited (GDTC) and Snail, Inc. (SNAL) carry a correlation of 0.28, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GDTC and SNAL?
Across a 3-year window, the weekly returns of GDTC and SNAL correlate at 0.28, weak. The relationship has been stable: the 1-year correlation (0.37) sits close to the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of 3121.8 %².
Among the 16 assets we track against GDTC, SNAL ranks #5 by 3-year correlation. The last year tells two different stories: SNAL led by 17.5 percentage points, -52.7% for GDTC against -35.2% for SNAL. One caveat on sizing: SNAL is 2.0 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.
GDTC vs SNAL: side by side
| GDTC (CytoMed Therapeutics Limited) | SNAL (Snail, Inc.) | |
|---|---|---|
| 1-year return | -52.7% | -35.2% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 75.2% | 146.7% |
| Beta vs S&P 500 | 0.08 | 2.22 |
| Max drawdown (3Y) | -86.1% | -88.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GDTC | SNAL |
|---|---|---|
| 2023 | – | -17.7% |
| 2024 | -30.6% | +53.7% |
| 2025 | -60.7% | -52.2% |
| 2026 | -28.8% | -33.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GDTC and SNAL good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.28 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between GDTC and SNAL?
The GDTC/SNAL correlation stands at 0.28 on a 3-year window (1 year: 0.37, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is SNAL a good diversifier for GDTC?
Yes, to a useful degree: a correlation of 0.28 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.28 mean?
On the −1 to +1 scale, 0.28 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.
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Related comparisons
Hubs: GDTC correlations · SNAL correlations