GPAT vs PSIG: Correlation
How closely do GP-Act III Acquisition Corp. - Class A (GPAT) and PS International Group Ltd. (PSIG) trade together? Their weekly returns over three years give a correlation of -0.34, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GPAT and PSIG?
Across a 3-year window, the weekly returns of GPAT and PSIG correlate at -0.34, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.41 lands near the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of -171.6 %².
PSIG is close to the least connected end of GPAT's tracked universe, ranking #21 of 22. Correlation aside, the last 12 months split them widely, with GPAT ahead by 57.3 points (+3.4% versus -53.9%). Note the risk asymmetry: PSIG runs 49.1 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.
GPAT vs PSIG: side by side
| GPAT (GP-Act III Acquisition Corp. - Class A) | PSIG (PS International Group Ltd.) | |
|---|---|---|
| 1-year return | +3.4% | -53.9% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 3.2% | 157.0% |
| Beta vs S&P 500 | 0.05 | 0.97 |
| Max drawdown (3Y) | -2.1% | -96.0% |
| Market cap | $0.2B | – |
| P/E (trailing) | 44.6 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Are GPAT and PSIG good diversifiers for each other?
Yes. With a correlation of -0.34, GPAT and PSIG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between GPAT and PSIG?
The GPAT/PSIG correlation stands at -0.34 on a 3-year window (1 year: -0.41, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is PSIG a good diversifier for GPAT?
Yes. With a correlation of -0.34, GPAT and PSIG have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.34 mean?
On the −1 to +1 scale, -0.34 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/gpat-vs-psig.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/gpat-vs-psig/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: GPAT correlations · PSIG correlations
