GMM vs PRZO: Correlation
How closely do Global Mofy AI Limited - Class A (GMM) and ParaZero Technologies Ltd. (PRZO) trade together? Their weekly returns over three years give a correlation of 0.50, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GMM and PRZO?
On 3 years of weekly data the GMM/PRZO correlation comes out at 0.50, moderate. The past 12 months show a weaker link (0.02) than the 3-year average (0.50). The 5-year figure is n/a, and annualized covariance runs at 73260.0 %².
Within GMM's tracked universe of 21 assets, PRZO comes in at #9 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months PRZO outperformed by 55.2 percentage points (-97.5% for GMM against -42.3% for PRZO). Note the risk asymmetry: GMM runs 6.4 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 PRZO: side by side
| GMM (Global Mofy AI Limited - Class A) | PRZO (ParaZero Technologies Ltd.) | |
|---|---|---|
| 1-year return | -97.5% | -42.3% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 1098.3% | 172.1% |
| Beta vs S&P 500 | 2.95 | 1.95 |
| Max drawdown (3Y) | -99.7% | -88.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GMM | PRZO |
|---|---|---|
| 2024 | -30.5% | +185.5% |
| 2025 | -69.6% | -59.9% |
| 2026 | -95.4% | -4.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GMM and PRZO good diversifiers for each other?
Only partially. A correlation of 0.50 means GMM and PRZO share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between GMM and PRZO?
As of 2026-08-27, the correlation of weekly returns between GMM and PRZO is 0.50 over 3 years, 0.02 over 1 year and n/a over 5 years.
Is PRZO a good diversifier for GMM?
Only partially. A correlation of 0.50 means GMM and PRZO share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.50 mean?
On the −1 to +1 scale, 0.50 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-przo.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/gmm-vs-przo/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GMM correlations · PRZO correlations
