GMM vs PERF: Correlation
Measured on weekly returns over the past three years, Global Mofy AI Limited - Class A (GMM) and Perfect Corp. Class A (PERF) carry a correlation of 0.43, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GMM and PERF?
On 3 years of weekly data the GMM/PERF correlation comes out at 0.43, moderate. The link has loosened recently: the 1-year correlation (0.18) runs below the 3-year figure (0.43). The 5-year figure is n/a, and annualized covariance runs at 26170.5 %².
By 3-year correlation, PERF places #12 of the 21 assets tracked against GMM. Their recent paths diverged sharply: over the last 12 months PERF outperformed by 86.2 percentage points (-97.5% for GMM against -11.3% for PERF). Note the risk asymmetry: GMM runs 19.5 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 PERF: side by side
| GMM (Global Mofy AI Limited - Class A) | PERF (Perfect Corp. Class A) | |
|---|---|---|
| 1-year return | -97.5% | -11.3% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 1098.3% | 56.3% |
| Beta vs S&P 500 | 2.95 | 0.93 |
| Max drawdown (3Y) | -99.7% | -67.5% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | 31.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GMM | PERF |
|---|---|---|
| 2023 | – | -56.6% |
| 2024 | -30.5% | -8.7% |
| 2025 | -69.6% | -36.0% |
| 2026 | -95.4% | +3.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GMM and PERF good diversifiers for each other?
Reasonably. At 0.43, GMM and PERF keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between GMM and PERF?
The GMM/PERF correlation stands at 0.43 on a 3-year window (1 year: 0.18, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is PERF a good diversifier for GMM?
Reasonably. At 0.43, GMM and PERF keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.43 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/gmm-vs-perf.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/gmm-vs-perf/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GMM correlations · PERF correlations
