GRNQ vs IDAI: Correlation
Greenpro Capital Corp. (GRNQ) and T Stamp Inc. (IDAI) show a moderate relationship: their 3-year correlation of weekly returns is 0.35.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GRNQ and IDAI?
Over the past 3 years, GRNQ and IDAI moved with a correlation of 0.35, which is moderate. Little has changed lately, as the 1-year reading of 0.25 lands near the 3-year figure. Over 5 years the correlation is 0.27, and the annualized covariance of weekly returns is 17289.5 %².
Among the 11 assets we track against GRNQ, IDAI ranks #4 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months IDAI outperformed by 24.9 percentage points (-9.4% for GRNQ against +15.5% for IDAI). Risk is not evenly split, since IDAI carries 5.1 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.
GRNQ vs IDAI: side by side
| GRNQ (Greenpro Capital Corp.) | IDAI (T Stamp Inc.) | |
|---|---|---|
| 1-year return | -9.4% | +15.5% |
| 5-year return | -86.5% | -76.5% |
| Volatility (ann.) | 98.3% | 505.7% |
| Beta vs S&P 500 | -0.50 | -1.01 |
| Max drawdown (3Y) | -96.4% | -92.9% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GRNQ | IDAI |
|---|---|---|
| 2022 | -82.6% | -88.0% |
| 2023 | +9.3% | -43.0% |
| 2024 | -5.9% | -35.5% |
| 2025 | +66.7% | +342.8% |
| 2026 | -29.5% | -14.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GRNQ and IDAI good diversifiers for each other?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between GRNQ and IDAI?
Using weekly returns as of 2026-08-27: 0.35 over 3 years, with 0.25 over the last year and 0.27 over 5 years.
Is IDAI a good diversifier for GRNQ?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.35 mean?
A reading of 0.35 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: GRNQ correlations · IDAI correlations
