GRNQ vs SANA: Correlation
How closely do Greenpro Capital Corp. (GRNQ) and Sana Biotechnology, Inc. (SANA) trade together? Their weekly returns over three years give a correlation of 0.37, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GRNQ and SANA?
On 3 years of weekly data the GRNQ/SANA correlation comes out at 0.37, moderate. The link has loosened recently: the 1-year correlation (0.07) runs below the 3-year figure (0.37). The 5-year figure is 0.32, and annualized covariance runs at 4186.6 %².
Few assets follow GRNQ as closely as SANA, which ranks #1 of 11 tracked partners. Correlation aside, the last 12 months split them widely, with SANA ahead by 30.8 points (-9.4% versus +21.4%).
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 SANA: side by side
| GRNQ (Greenpro Capital Corp.) | SANA (Sana Biotechnology, Inc.) | |
|---|---|---|
| 1-year return | -9.4% | +21.4% |
| 5-year return | -86.5% | -82.9% |
| Volatility (ann.) | 98.3% | 115.0% |
| Beta vs S&P 500 | -0.50 | 1.88 |
| Max drawdown (3Y) | -96.4% | -88.1% |
| Market cap | – | $1.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GRNQ | SANA |
|---|---|---|
| 2022 | -82.6% | -74.5% |
| 2023 | +9.3% | +3.3% |
| 2024 | -5.9% | -60.0% |
| 2025 | +66.7% | +149.7% |
| 2026 | -29.5% | +0.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GRNQ and SANA good diversifiers for each other?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between GRNQ and SANA?
Using weekly returns as of 2026-08-27: 0.37 over 3 years, with 0.07 over the last year and 0.32 over 5 years.
Is SANA a good diversifier for GRNQ?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.37 mean?
A reading of 0.37 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/grnq-vs-sana.json
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Hubs: GRNQ correlations · SANA correlations