ADIL vs IFBD: Correlation
Adial Pharmaceuticals, Inc (ADIL) and Infobird Co., Ltd (IFBD) show a negative relationship: their 3-year correlation of weekly returns is -0.26.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADIL and IFBD?
Over the past 3 years, ADIL and IFBD moved with a correlation of -0.26, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.03 versus -0.26 over 3 years. Over 5 years the correlation is -0.14, and the annualized covariance of weekly returns is -7731.7 %².
IFBD is close to the least connected end of ADIL's tracked universe, ranking #17 of 19. The last year tells two different stories: IFBD led by 27.6 percentage points, -40.1% for ADIL against -12.5% for IFBD.
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.
ADIL vs IFBD: side by side
| ADIL (Adial Pharmaceuticals, Inc) | IFBD (Infobird Co., Ltd) | |
|---|---|---|
| 1-year return | -40.1% | -12.5% |
| 5-year return | -99.8% | -100.0% |
| Volatility (ann.) | 203.8% | 145.7% |
| Beta vs S&P 500 | 1.29 | 0.85 |
| Max drawdown (3Y) | -98.8% | -98.4% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ADIL | IFBD |
|---|---|---|
| 2022 | -91.9% | -88.9% |
| 2023 | -66.2% | -97.8% |
| 2024 | -45.7% | -78.4% |
| 2025 | -78.2% | -57.9% |
| 2026 | +3.5% | -4.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADIL and IFBD good diversifiers for each other?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
FAQ
What is the correlation between ADIL and IFBD?
As of 2026-08-27, the correlation of weekly returns between ADIL and IFBD is -0.26 over 3 years, 0.03 over 1 year and -0.14 over 5 years.
Is IFBD a good diversifier for ADIL?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
What does a correlation of -0.26 mean?
A reading of -0.26 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/adil-vs-ifbd.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/adil-vs-ifbd/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ADIL correlations · IFBD correlations
