GMM vs SLXN: Correlation
How closely do Global Mofy AI Limited - Class A (GMM) and Silexion Therapeutics Corp (SLXN) trade together? Their weekly returns over three years give a correlation of 0.93, which is very strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GMM and SLXN?
Over the past 3 years, GMM and SLXN moved with a correlation of 0.93, which is very strong, meaning they move nearly in lockstep. The past 12 months show a weaker link (-0.26) than the 3-year average (0.93). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 520265.3 %².
In GMM's tracked universe of 21 assets, SLXN sits right near the top at #2. Neither side won the trailing year by much: -97.5% against -99.5%. One caveat on sizing: GMM is 2.2 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 SLXN: side by side
| GMM (Global Mofy AI Limited - Class A) | SLXN (Silexion Therapeutics Corp) | |
|---|---|---|
| 1-year return | -97.5% | -99.5% |
| 5-year return | n/a | -100.0% |
| Volatility (ann.) | 1098.3% | 498.2% |
| Beta vs S&P 500 | 2.95 | 1.29 |
| Max drawdown (3Y) | -99.7% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GMM | SLXN |
|---|---|---|
| 2022 | – | +4.0% |
| 2023 | – | +7.7% |
| 2024 | -30.5% | -81.5% |
| 2025 | -69.6% | -93.6% |
| 2026 | -95.4% | -98.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GMM and SLXN good diversifiers for each other?
No. With a correlation of 0.93, GMM and SLXN move nearly in lockstep, so holding both adds very little diversification.
FAQ
What is the correlation between GMM and SLXN?
As of 2026-08-27, the correlation of weekly returns between GMM and SLXN is 0.93 over 3 years, -0.26 over 1 year and n/a over 5 years.
Is SLXN a good diversifier for GMM?
No. With a correlation of 0.93, GMM and SLXN move nearly in lockstep, so holding both adds very little diversification.
What does a correlation of 0.93 mean?
A reading of 0.93 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/gmm-vs-slxn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/gmm-vs-slxn/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GMM correlations · SLXN correlations
