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PMN vs SUIG: Correlation

ProMIS Neurosciences Inc. (PMN) and Sui Group Holdings Limited (SUIG) show a moderate relationship: their 3-year correlation of weekly returns is 0.54.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.54
moderate
Correlation (1Y)
0.10
last 12 months
Correlation (5Y)
0.47
long-run
Ann. covariance
10828.5
%² · weekly, annualized

How correlated are PMN and SUIG?

Over the past 3 years, PMN and SUIG moved with a correlation of 0.54, which is moderate. The link has loosened recently: the 1-year correlation (0.10) runs below the 3-year figure (0.54). Over 5 years the correlation is 0.47, and the annualized covariance of weekly returns is 10828.5 %².

Few assets follow PMN as closely as SUIG, which ranks #2 of 15 tracked partners. Correlation aside, the last 12 months split them widely, with PMN ahead by 89.0 points (+5.6% versus -83.4%).

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.

PMN vs SUIG: side by side

PMN (ProMIS Neurosciences Inc.)SUIG (Sui Group Holdings Limited)
1-year return+5.6%-83.4%
5-year return-94.2%-88.3%
Volatility (ann.)122.6%162.1%
Beta vs S&P 5000.451.61
Max drawdown (3Y)-90.4%-89.2%
Market cap$0.1B$0.1B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: SUIG -89.2% vs -90.4%Higher 5y return: SUIG -88.3% vs -94.2%
-87%0%+119%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. PMN · SUIG

Year-by-year returns

YearPMNSUIG
2022-34.2%-75.1%
2023-73.5%+19.5%
2024-17.4%-20.3%
2025-71.2%-14.4%
2026+104.8%-38.3%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are PMN and SUIG good diversifiers for each other?

Only partially. A correlation of 0.54 means PMN and SUIG share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

FAQ

What is the correlation between PMN and SUIG?

Using weekly returns as of 2026-08-27: 0.54 over 3 years, with 0.10 over the last year and 0.47 over 5 years.

Is SUIG a good diversifier for PMN?

Only partially. A correlation of 0.54 means PMN and SUIG share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.

What does a correlation of 0.54 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/pmn-vs-suig.json

PMN vs SUIG: 3-year weekly correlation 0.54PMN vs SUIG0.54

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Related comparisons

Hubs: PMN correlations · SUIG correlations