GMM vs KULR: Correlation
How closely do Global Mofy AI Limited - Class A (GMM) and KULR Technology Group, Inc. (KULR) trade together? Their weekly returns over three years give a correlation of 0.52, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GMM and KULR?
On 3 years of weekly data the GMM/KULR correlation comes out at 0.52, moderate. The link has loosened recently: the 1-year correlation (-0.17) runs below the 3-year figure (0.52). The 5-year figure is n/a, and annualized covariance runs at 99449.9 %².
Among the 21 assets we track against GMM, KULR ranks #8 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months KULR outperformed by 53.6 percentage points (-97.5% for GMM against -43.9% for KULR). Risk is not evenly split, since GMM carries 6.4 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.
GMM vs KULR: side by side
| GMM (Global Mofy AI Limited - Class A) | KULR (KULR Technology Group, Inc.) | |
|---|---|---|
| 1-year return | -97.5% | -43.9% |
| 5-year return | n/a | -84.4% |
| Volatility (ann.) | 1098.3% | 172.8% |
| Beta vs S&P 500 | 2.95 | 1.92 |
| Max drawdown (3Y) | -99.7% | -94.7% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GMM | KULR |
|---|---|---|
| 2022 | – | -56.5% |
| 2023 | – | -84.2% |
| 2024 | -30.5% | +1768.4% |
| 2025 | -69.6% | -89.6% |
| 2026 | -95.4% | -10.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GMM and KULR good diversifiers for each other?
To a limited degree. At 0.52 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between GMM and KULR?
As of 2026-08-27, the correlation of weekly returns between GMM and KULR is 0.52 over 3 years, -0.17 over 1 year and n/a over 5 years.
Is KULR a good diversifier for GMM?
To a limited degree. At 0.52 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.52 mean?
On the −1 to +1 scale, 0.52 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/gmm-vs-kulr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gmm-vs-kulr/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GMM correlations · KULR correlations
