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STRO vs YHGJ: Correlation

Measured on weekly returns over the past three years, Sutro Biopharma, Inc. (STRO) and Yunhong Green CTI Ltd. (YHGJ) carry a correlation of -0.28, a negative link.

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

Correlation (3Y)
-0.28
negative
Correlation (1Y)
-0.23
last 12 months
Correlation (5Y)
-0.15
long-run
Ann. covariance
-2881.6
%² · weekly, annualized

How correlated are STRO and YHGJ?

Across a 3-year window, the weekly returns of STRO and YHGJ correlate at -0.28, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.23 lands near the 3-year figure. Stretching to 5 years gives -0.15, with an annualized covariance of -2881.6 %².

Among the 13 assets we track against STRO, YHGJ sits near the bottom by co-movement, at rank #10. Their recent paths diverged sharply: over the last 12 months STRO outperformed by 181.7 percentage points (+136.8% for STRO against -44.9% for YHGJ).

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.

STRO vs YHGJ: side by side

STRO (Sutro Biopharma, Inc.)YHGJ (Yunhong Green CTI Ltd.)
1-year return+136.8%-44.9%
5-year return-90.2%-85.6%
Volatility (ann.)112.5%90.5%
Beta vs S&P 5003.52-0.69
Max drawdown (3Y)-90.8%-91.7%
Market cap$0.4B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: STRO -90.8% vs -91.7%Higher 5y return: YHGJ -85.6% vs -90.2%
-56%0%+280%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. STRO · YHGJ

Year-by-year returns

YearSTROYHGJ
2022-45.7%-12.6%
2023-46.9%+105.8%
2024-57.1%-74.3%
2025-37.1%-34.0%
2026+84.2%-19.6%

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

Are STRO and YHGJ good diversifiers for each other?

Yes. With a correlation of -0.28, STRO and YHGJ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

FAQ

What is the correlation between STRO and YHGJ?

As of 2026-08-27, the correlation of weekly returns between STRO and YHGJ is -0.28 over 3 years, -0.23 over 1 year and -0.15 over 5 years.

Is YHGJ a good diversifier for STRO?

Yes. With a correlation of -0.28, STRO and YHGJ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

What does a correlation of -0.28 mean?

A reading of -0.28 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

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

STRO vs YHGJ: 3-year weekly correlation -0.28STRO vs YHGJ-0.28

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Related comparisons

Hubs: STRO correlations · YHGJ correlations