XBIO vs YHGJ: Correlation
Xenetic Biosciences, Inc. (XBIO) and Yunhong Green CTI Ltd. (YHGJ) show a moderate relationship: their 3-year correlation of weekly returns is 0.37.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are XBIO and YHGJ?
On 3 years of weekly data the XBIO/YHGJ correlation comes out at 0.37, moderate. The link has tightened recently: the 1-year correlation (0.75) runs above the 3-year figure (0.37). The 5-year figure is 0.24, and annualized covariance runs at 2979.9 %².
Within XBIO's tracked universe of 14 assets, YHGJ comes in at #7 by 3-year correlation. Correlation aside, the last 12 months split them widely, with XBIO ahead by 84.7 points (+39.8% versus -44.9%).
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.
XBIO vs YHGJ: side by side
| XBIO (Xenetic Biosciences, Inc.) | YHGJ (Yunhong Green CTI Ltd.) | |
|---|---|---|
| 1-year return | +39.8% | -44.9% |
| 5-year return | -86.8% | -85.6% |
| Volatility (ann.) | 90.1% | 90.5% |
| Beta vs S&P 500 | 0.46 | -0.69 |
| Max drawdown (3Y) | -80.5% | -91.7% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | XBIO | YHGJ |
|---|---|---|
| 2022 | -77.9% | -12.6% |
| 2023 | +21.1% | +105.8% |
| 2024 | +15.7% | -74.3% |
| 2025 | -45.6% | -34.0% |
| 2026 | +82.9% | -19.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are XBIO and YHGJ good diversifiers for each other?
Reasonably. At 0.37, XBIO and YHGJ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between XBIO and YHGJ?
Using weekly returns as of 2026-08-27: 0.37 over 3 years, with 0.75 over the last year and 0.24 over 5 years.
Is YHGJ a good diversifier for XBIO?
Reasonably. At 0.37, XBIO and YHGJ keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.37 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/xbio-vs-yhgj.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/xbio-vs-yhgj/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: XBIO correlations · YHGJ correlations
