GIBO vs SY: Correlation
Measured on weekly returns over the past three years, GIBO Holdings Limited - Class A (GIBO) and So-Young International Inc. - American Depository Shares (SY) carry a correlation of -0.45, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GIBO and SY?
On 3 years of weekly data the GIBO/SY correlation comes out at -0.45, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.13) runs above the 3-year figure (-0.45). The 5-year figure is n/a, and annualized covariance runs at -5266.7 %².
Out of 33 assets tracked against GIBO, SY lands near the bottom at #33. Their recent paths diverged sharply: over the last 12 months SY outperformed by 21.4 percentage points (-62.4% for GIBO against -41.0% for SY).
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 SY: side by side
| GIBO (GIBO Holdings Limited - Class A) | SY (So-Young International Inc. - American Depository Shares) | |
|---|---|---|
| 1-year return | -62.4% | -41.0% |
| 5-year return | n/a | -54.5% |
| Volatility (ann.) | 116.5% | 99.6% |
| Beta vs S&P 500 | -0.40 | 1.08 |
| Max drawdown (3Y) | -100.0% | -77.5% |
| Market cap | $0.1B | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GIBO | SY |
|---|---|---|
| 2022 | – | -59.6% |
| 2023 | – | +0.0% |
| 2024 | +7.8% | -32.1% |
| 2025 | -99.9% | +219.0% |
| 2026 | -38.3% | -9.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GIBO and SY good diversifiers for each other?
Yes: at -0.45, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between GIBO and SY?
The GIBO/SY correlation stands at -0.45 on a 3-year window (1 year: -0.13, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is SY a good diversifier for GIBO?
Yes: at -0.45, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.45 mean?
A reading of -0.45 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/gibo-vs-sy.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gibo-vs-sy/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GIBO correlations · SY correlations
