GRRR vs HOLO: Correlation
Measured on weekly returns over the past three years, Gorilla Technology Group Inc. (GRRR) and MicroCloud Hologram Inc. (HOLO) carry a correlation of 0.43, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GRRR and HOLO?
On 3 years of weekly data the GRRR/HOLO correlation comes out at 0.43, moderate. Recent behaviour matches the longer record: 0.48 over 1 year against 0.43 over 3. The 5-year figure is 0.22, and annualized covariance runs at 32351.8 %².
In GRRR's tracked universe of 12 assets, HOLO sits right near the top at #1. The last year tells two different stories: GRRR led by 56.5 percentage points, -3.1% for GRRR against -59.6% for HOLO. Note the risk asymmetry: HOLO runs 5.5 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.
GRRR vs HOLO: side by side
| GRRR (Gorilla Technology Group Inc.) | HOLO (MicroCloud Hologram Inc.) | |
|---|---|---|
| 1-year return | -3.1% | -59.6% |
| 5-year return | -84.2% | -100.0% |
| Volatility (ann.) | 116.9% | 648.5% |
| Beta vs S&P 500 | 1.92 | 3.02 |
| Max drawdown (3Y) | -85.8% | -100.0% |
| Market cap | $0.4B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GRRR | HOLO |
|---|---|---|
| 2022 | -18.9% | -77.2% |
| 2023 | -93.4% | -84.4% |
| 2024 | +235.1% | -93.1% |
| 2025 | -39.5% | -98.7% |
| 2026 | +43.4% | -28.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GRRR and HOLO good diversifiers for each other?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between GRRR and HOLO?
As of 2026-08-27, the correlation of weekly returns between GRRR and HOLO is 0.43 over 3 years, 0.48 over 1 year and 0.22 over 5 years.
Is HOLO a good diversifier for GRRR?
A fair diversifier. At 0.43, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.43 mean?
A reading of 0.43 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/grrr-vs-holo.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/grrr-vs-holo/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GRRR correlations · HOLO correlations
