GIGM vs IDAI: Correlation
Measured on weekly returns over the past three years, GigaMedia Limited (GIGM) and T Stamp Inc. (IDAI) carry a correlation of 0.30, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GIGM and IDAI?
Over the past 3 years, GIGM and IDAI moved with a correlation of 0.30, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.18 versus 0.30 over 3 years. Over 5 years the correlation is 0.26, and the annualized covariance of weekly returns is 3897.9 %².
Within GIGM's tracked universe of 10 assets, IDAI comes in at #5 by 3-year correlation. The last year tells two different stories: IDAI led by 23.7 percentage points, -8.2% for GIGM against +15.5% for IDAI. Risk is not evenly split, since IDAI carries 19.8 times the volatility of the other side.
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.
GIGM vs IDAI: side by side
| GIGM (GigaMedia Limited) | IDAI (T Stamp Inc.) | |
|---|---|---|
| 1-year return | -8.2% | +15.5% |
| 5-year return | -44.2% | -76.5% |
| Volatility (ann.) | 25.6% | 505.7% |
| Beta vs S&P 500 | 0.27 | -1.01 |
| Max drawdown (3Y) | -29.6% | -92.9% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GIGM | IDAI |
|---|---|---|
| 2022 | -46.2% | -88.0% |
| 2023 | +14.9% | -43.0% |
| 2024 | +11.5% | -35.5% |
| 2025 | -1.9% | +342.8% |
| 2026 | -4.6% | -14.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GIGM and IDAI good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.30 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between GIGM and IDAI?
As of 2026-08-27, the correlation of weekly returns between GIGM and IDAI is 0.30 over 3 years, 0.18 over 1 year and 0.26 over 5 years.
Is IDAI a good diversifier for GIGM?
Yes, to a useful degree: a correlation of 0.30 leaves real independence between the two, which historically damped combined volatility.
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/gigm-vs-idai.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/gigm-vs-idai/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GIGM correlations · IDAI correlations
