GIBO vs PMN: Correlation
Measured on weekly returns over the past three years, GIBO Holdings Limited - Class A (GIBO) and ProMIS Neurosciences Inc. (PMN) carry a correlation of 0.37, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GIBO and PMN?
Over the past 3 years, GIBO and PMN moved with a correlation of 0.37, which is moderate. The past 12 months show a weaker link (-0.14) than the 3-year average (0.37). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 5290.4 %².
Within GIBO's tracked universe of 33 assets, PMN comes in at #4 by 3-year correlation. The last year tells two different stories: PMN led by 68.0 percentage points, -62.4% for GIBO against +5.6% for PMN.
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.
GIBO vs PMN: side by side
| GIBO (GIBO Holdings Limited - Class A) | PMN (ProMIS Neurosciences Inc.) | |
|---|---|---|
| 1-year return | -62.4% | +5.6% |
| 5-year return | n/a | -94.2% |
| Volatility (ann.) | 116.5% | 122.6% |
| Beta vs S&P 500 | -0.40 | 0.45 |
| Max drawdown (3Y) | -100.0% | -90.4% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GIBO | PMN |
|---|---|---|
| 2022 | – | -34.2% |
| 2023 | – | -73.5% |
| 2024 | +7.8% | -17.4% |
| 2025 | -99.9% | -71.2% |
| 2026 | -38.3% | +104.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GIBO and PMN good diversifiers for each other?
Reasonably. At 0.37, GIBO and PMN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between GIBO and PMN?
As of 2026-08-27, the correlation of weekly returns between GIBO and PMN is 0.37 over 3 years, -0.14 over 1 year and n/a over 5 years.
Is PMN a good diversifier for GIBO?
Reasonably. At 0.37, GIBO and PMN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.37 mean?
On the −1 to +1 scale, 0.37 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/gibo-vs-pmn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/gibo-vs-pmn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GIBO correlations · PMN correlations
