TMQ vs YHGJ: Correlation
Trilogy Metals Inc. (TMQ) and Yunhong Green CTI Ltd. (YHGJ) show a moderate relationship: their 3-year correlation of weekly returns is 0.39.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TMQ and YHGJ?
Across a 3-year window, the weekly returns of TMQ and YHGJ correlate at 0.39, moderate. The link has tightened recently: the 1-year correlation (0.64) runs above the 3-year figure (0.39). Stretching to 5 years gives 0.31, with an annualized covariance of 4670.3 %².
Among the 23 assets we track against TMQ, YHGJ ranks #11 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months TMQ outperformed by 171.2 percentage points (+126.3% for TMQ 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.
TMQ vs YHGJ: side by side
| TMQ (Trilogy Metals Inc.) | YHGJ (Yunhong Green CTI Ltd.) | |
|---|---|---|
| 1-year return | +126.3% | -44.9% |
| 5-year return | +85.3% | -85.6% |
| Volatility (ann.) | 131.6% | 90.5% |
| Beta vs S&P 500 | 0.28 | -0.69 |
| Max drawdown (3Y) | -72.5% | -91.7% |
| Market cap | $0.7B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | TMQ | YHGJ |
|---|---|---|
| 2022 | -66.7% | -12.6% |
| 2023 | -21.8% | +105.8% |
| 2024 | +169.8% | -74.3% |
| 2025 | +271.6% | -34.0% |
| 2026 | -12.3% | -19.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TMQ and YHGJ good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between TMQ and YHGJ?
Using weekly returns as of 2026-08-27: 0.39 over 3 years, with 0.64 over the last year and 0.31 over 5 years.
Is YHGJ a good diversifier for TMQ?
Yes, to a useful degree: a correlation of 0.39 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.39 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/tmq-vs-yhgj.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/tmq-vs-yhgj/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: TMQ correlations · YHGJ correlations
