ADIL vs ILAG: Correlation
Measured on weekly returns over the past three years, Adial Pharmaceuticals, Inc (ADIL) and Intelligent Living Application Group Inc. (ILAG) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADIL and ILAG?
Across a 3-year window, the weekly returns of ADIL and ILAG correlate at -0.22, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.02) than the 3-year average (-0.22). Stretching to 5 years gives -0.10, with an annualized covariance of -4947.1 %².
Among the 19 assets we track against ADIL, ILAG sits near the bottom by co-movement, at rank #16. Twelve-month performance is nearly a tie, at -40.1% for ADIL and -41.7% for ILAG. One caveat on sizing: ADIL is 1.9 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 ILAG: side by side
| ADIL (Adial Pharmaceuticals, Inc) | ILAG (Intelligent Living Application Group Inc.) | |
|---|---|---|
| 1-year return | -40.1% | -41.7% |
| 5-year return | -99.8% | -94.7% |
| Volatility (ann.) | 203.8% | 109.3% |
| Beta vs S&P 500 | 1.29 | 0.45 |
| Max drawdown (3Y) | -98.8% | -83.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ADIL | ILAG |
|---|---|---|
| 2022 | -91.9% | – |
| 2023 | -66.2% | -17.6% |
| 2024 | -45.7% | +27.0% |
| 2025 | -78.2% | -56.0% |
| 2026 | +3.5% | -19.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADIL and ILAG 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 ADIL and ILAG?
The ADIL/ILAG correlation stands at -0.22 on a 3-year window (1 year: 0.02, 5 years: -0.10), computed from weekly returns as of 2026-08-27.
Is ILAG a good diversifier for ADIL?
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.
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Related comparisons
Hubs: ADIL correlations · ILAG correlations