PPCB vs VRT: Correlation
How closely do Propanc Biopharma, Inc. (PPCB) and Vertiv (VRT) trade together? Their weekly returns over three years give a correlation of -0.22, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PPCB and VRT?
On 3 years of weekly data the PPCB/VRT correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.12) than the 3-year average (-0.22). The 5-year figure is -0.15, and annualized covariance runs at -12058081.6 %².
By 3-year correlation, VRT places #18 of the 43 assets tracked against PPCB. Their recent paths diverged sharply: over the last 12 months VRT outperformed by 205.5 percentage points (-97.0% for PPCB against +108.5% for VRT). Note the risk asymmetry: PPCB runs 16851.0 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.
PPCB vs VRT: side by side
| PPCB (Propanc Biopharma, Inc.) | VRT (Vertiv) | |
|---|---|---|
| 1-year return | -97.0% | +108.5% |
| 5-year return | -99.9% | +847.7% |
| Volatility (ann.) | 962193.8% | 57.1% |
| Beta vs S&P 500 | -3746.20 | 2.36 |
| Max drawdown (3Y) | -99.8% | -61.3% |
| Market cap | – | $103.7B |
| P/E (trailing) | 0.0 | 59.6 |
| Dividend yield | 0.00% | 0.07% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | PPCB | VRT |
|---|---|---|
| 2022 | -98.6% | -45.3% |
| 2023 | -98.0% | +251.8% |
| 2024 | -98.3% | +136.8% |
| 2025 | +134050.0% | +42.8% |
| 2026 | -83.4% | +66.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PPCB and VRT good diversifiers for each other?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between PPCB and VRT?
As of 2026-08-27, the correlation of weekly returns between PPCB and VRT is -0.22 over 3 years, 0.12 over 1 year and -0.15 over 5 years.
Is VRT a good diversifier for PPCB?
Yes: at -0.22, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.22 mean?
A reading of -0.22 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/ppcb-vs-vrt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ppcb-vs-vrt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: PPCB correlations · VRT correlations
