GTEC vs OGI: Correlation
Measured on weekly returns over the past three years, Greenland Technologies Holding Corporation - Class A (GTEC) and Organigram Global Inc. (OGI) carry a correlation of 0.35, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GTEC and OGI?
Across a 3-year window, the weekly returns of GTEC and OGI correlate at 0.35, moderate. Little has changed lately, as the 1-year reading of 0.35 lands near the 3-year figure. Stretching to 5 years gives 0.28, with an annualized covariance of 2102.0 %².
By 3-year correlation, OGI places #4 of the 10 assets tracked against GTEC. The trailing year gives OGI the advantage: -40.8% versus -26.3%, a 14.5-point spread.
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.
GTEC vs OGI: side by side
| GTEC (Greenland Technologies Holding Corporation - Class A) | OGI (Organigram Global Inc.) | |
|---|---|---|
| 1-year return | -40.8% | -26.3% |
| 5-year return | -87.4% | -88.1% |
| Volatility (ann.) | 94.1% | 64.6% |
| Beta vs S&P 500 | 1.39 | 1.67 |
| Max drawdown (3Y) | -89.7% | -68.0% |
| Market cap | – | $0.2B |
| P/E (trailing) | 1.4 | 2.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GTEC | OGI |
|---|---|---|
| 2022 | -66.1% | -54.3% |
| 2023 | +28.0% | -59.1% |
| 2024 | -30.5% | +22.9% |
| 2025 | -68.4% | +4.3% |
| 2026 | +37.2% | -26.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GTEC and OGI 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 GTEC and OGI?
Using weekly returns as of 2026-08-27: 0.35 over 3 years, with 0.35 over the last year and 0.28 over 5 years.
Is OGI a good diversifier for GTEC?
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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/gtec-vs-ogi.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/gtec-vs-ogi/)
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Related comparisons
Hubs: GTEC correlations · OGI correlations
