GVH vs VOR: Correlation
Globavend Holdings Limited - Ord Shares (GVH) and Vor Biopharma Inc. (VOR) show a negative 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 GVH and VOR?
Across a 3-year window, the weekly returns of GVH and VOR correlate at -0.35, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.16) runs above the 3-year figure (-0.35). Stretching to 5 years gives n/a, with an annualized covariance of -13553.2 %².
Out of 15 assets tracked against GVH, VOR lands near the bottom at #15. Correlation aside, the last 12 months split them widely, with VOR ahead by 36.6 points (-77.8% versus -41.2%).
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.
GVH vs VOR: side by side
| GVH (Globavend Holdings Limited - Ord Shares) | VOR (Vor Biopharma Inc.) | |
|---|---|---|
| 1-year return | -77.8% | -41.2% |
| 5-year return | n/a | -92.3% |
| Volatility (ann.) | 162.4% | 230.0% |
| Beta vs S&P 500 | 1.17 | 3.86 |
| Max drawdown (3Y) | -99.8% | -94.7% |
| Market cap | – | $1.4B |
| P/E (trailing) | – | 0.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GVH | VOR |
|---|---|---|
| 2022 | – | -42.8% |
| 2023 | – | -66.2% |
| 2024 | -57.5% | -50.7% |
| 2025 | -98.9% | -41.1% |
| 2026 | -29.9% | +79.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GVH and VOR good diversifiers for each other?
Yes. With a correlation of -0.35, GVH and VOR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between GVH and VOR?
As of 2026-08-27, the correlation of weekly returns between GVH and VOR is -0.35 over 3 years, 0.16 over 1 year and n/a over 5 years.
Is VOR a good diversifier for GVH?
Yes. With a correlation of -0.35, GVH and VOR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.35 mean?
On the −1 to +1 scale, -0.35 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/gvh-vs-vor.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/gvh-vs-vor/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: GVH correlations · VOR correlations