GRNQ vs TMUS: Correlation
Measured on weekly returns over the past three years, Greenpro Capital Corp. (GRNQ) and T-Mobile US (TMUS) carry a correlation of -0.25, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GRNQ and TMUS?
Across a 3-year window, the weekly returns of GRNQ and TMUS correlate at -0.25, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.20) sits close to the 3-year figure. Stretching to 5 years gives -0.17, with an annualized covariance of -605.3 %².
TMUS is close to the least connected end of GRNQ's tracked universe, ranking #10 of 11. The last year tells two different stories: GRNQ led by 18.6 percentage points, -9.4% for GRNQ against -28.0% for TMUS. Risk is not evenly split, since GRNQ carries 4.0 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 TMUS: side by side
| GRNQ (Greenpro Capital Corp.) | TMUS (T-Mobile US) | |
|---|---|---|
| 1-year return | -9.4% | -28.0% |
| 5-year return | -86.5% | +34.8% |
| Volatility (ann.) | 98.3% | 24.6% |
| Beta vs S&P 500 | -0.50 | 0.36 |
| Max drawdown (3Y) | -96.4% | -37.1% |
| Market cap | – | $190.7B |
| P/E (trailing) | – | 18.8 |
| Dividend yield | 0.00% | 2.27% |
| Sector / category | US Listed | Communication Services |
Year-by-year returns
| Year | GRNQ | TMUS |
|---|---|---|
| 2022 | -82.6% | +20.7% |
| 2023 | +9.3% | +15.0% |
| 2024 | -5.9% | +39.7% |
| 2025 | +66.7% | -6.6% |
| 2026 | -29.5% | -11.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GRNQ and TMUS good diversifiers for each other?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
FAQ
What is the correlation between GRNQ and TMUS?
As of 2026-08-27, the correlation of weekly returns between GRNQ and TMUS is -0.25 over 3 years, -0.20 over 1 year and -0.17 over 5 years.
Is TMUS a good diversifier for GRNQ?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
What does a correlation of -0.25 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/grnq-vs-tmus.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/grnq-vs-tmus/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GRNQ correlations · TMUS correlations
