GIGM vs MYSE: Correlation
GigaMedia Limited (GIGM) and Myseum.AI, Inc. (MYSE) show a moderate relationship: their 3-year correlation of weekly returns is 0.41.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GIGM and MYSE?
Over the past 3 years, GIGM and MYSE moved with a correlation of 0.41, which is moderate. Recent behaviour matches the longer record: 0.44 over 1 year against 0.41 over 3. Over 5 years the correlation is 0.33, and the annualized covariance of weekly returns is 1804.5 %².
In GIGM's tracked universe of 10 assets, MYSE sits right near the top at #1. Correlation aside, the last 12 months split them widely, with MYSE ahead by 40.2 points (-8.2% versus +32.0%). Risk is not evenly split, since MYSE carries 6.7 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 MYSE: side by side
| GIGM (GigaMedia Limited) | MYSE (Myseum.AI, Inc.) | |
|---|---|---|
| 1-year return | -8.2% | +32.0% |
| 5-year return | -44.2% | -96.4% |
| Volatility (ann.) | 25.6% | 170.4% |
| Beta vs S&P 500 | 0.27 | 1.47 |
| Max drawdown (3Y) | -29.6% | -85.1% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GIGM | MYSE |
|---|---|---|
| 2022 | -46.2% | -91.8% |
| 2023 | +14.9% | +16.2% |
| 2024 | +11.5% | -38.0% |
| 2025 | -1.9% | -3.9% |
| 2026 | -4.6% | +56.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GIGM and MYSE good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between GIGM and MYSE?
As of 2026-08-27, the correlation of weekly returns between GIGM and MYSE is 0.41 over 3 years, 0.44 over 1 year and 0.33 over 5 years.
Is MYSE a good diversifier for GIGM?
Yes, to a useful degree: a correlation of 0.41 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.41 mean?
A reading of 0.41 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-myse.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gigm-vs-myse/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GIGM correlations · MYSE correlations
