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
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 500 | 0.45 | 1.61 |
| Max drawdown (3Y) | -90.4% | -89.2% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PMN | SUIG |
|---|---|---|
| 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
$ curl https://www.pairbook.io/api/v1/pairs/pmn-vs-suig.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/pmn-vs-suig/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: PMN correlations · SUIG correlations