AEHL vs CISS: Correlation
Antelope Enterprise Holdings Limited - Class A (AEHL) and C3is Inc. (CISS) show a very strong relationship: their 3-year correlation of weekly returns is 0.87.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AEHL and CISS?
On 3 years of weekly data the AEHL/CISS correlation comes out at 0.87, very strong, meaning they move nearly in lockstep. The relationship has been stable: the 1-year correlation (0.87) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 2182131.9 %².
By 3-year correlation, CISS places #15 of the 26 assets tracked against AEHL. Their recent paths diverged sharply: over the last 12 months AEHL outperformed by 25.9 percentage points (-73.6% for AEHL against -99.5% for CISS). Note the risk asymmetry: CISS runs 1.8 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
AEHL vs CISS: side by side
| AEHL (Antelope Enterprise Holdings Limited - Class A) | CISS (C3is Inc.) | |
|---|---|---|
| 1-year return | -73.6% | -99.5% |
| 5-year return | -99.9% | n/a |
| Volatility (ann.) | 1193.4% | 2098.5% |
| Beta vs S&P 500 | 1.91 | 2.24 |
| Max drawdown (3Y) | -100.0% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AEHL | CISS |
|---|---|---|
| 2022 | -62.9% | – |
| 2023 | -56.1% | – |
| 2024 | -91.1% | -98.9% |
| 2025 | -80.8% | -97.3% |
| 2026 | -52.1% | -93.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AEHL and CISS good diversifiers for each other?
Not really. At 0.87, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between AEHL and CISS?
The AEHL/CISS correlation stands at 0.87 on a 3-year window (1 year: 0.87, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is CISS a good diversifier for AEHL?
Not really. At 0.87, the two trade almost as one position, and owning both buys little extra protection.
What does a correlation of 0.87 mean?
On the −1 to +1 scale, 0.87 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aehl-vs-ciss.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/aehl-vs-ciss/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AEHL correlations · CISS correlations
