AEHL vs NRDY: Correlation
How closely do Antelope Enterprise Holdings Limited - Class A (AEHL) and Nerdy Inc. (NRDY) trade together? Their weekly returns over three years give a correlation of 0.98, which is very strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AEHL and NRDY?
Over the past 3 years, AEHL and NRDY moved with a correlation of 0.98, which is very strong, meaning they move nearly in lockstep. Little has changed lately, as the 1-year reading of 0.98 lands near the 3-year figure. Over 5 years the correlation is 0.97, and the annualized covariance of weekly returns is 1280163.9 %².
NRDY is one of the assets that tracks AEHL most closely: it ranks #1 out of the 26 assets we track against AEHL. Correlation aside, the last 12 months split them widely, with NRDY ahead by 734.6 points (-73.6% versus +661.0%).
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 NRDY: side by side
| AEHL (Antelope Enterprise Holdings Limited - Class A) | NRDY (Nerdy Inc.) | |
|---|---|---|
| 1-year return | -73.6% | +661.0% |
| 5-year return | -99.9% | +3.8% |
| Volatility (ann.) | 1193.4% | 1097.1% |
| Beta vs S&P 500 | 1.91 | 2.74 |
| Max drawdown (3Y) | -100.0% | -94.2% |
| Market cap | – | $0.7B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AEHL | NRDY |
|---|---|---|
| 2022 | -62.9% | -50.0% |
| 2023 | -56.1% | +52.4% |
| 2024 | -91.1% | -52.8% |
| 2025 | -80.8% | -35.8% |
| 2026 | -52.1% | +895.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AEHL and NRDY good diversifiers for each other?
No: a correlation of 0.98 means AEHL and NRDY tend to fall together, which is precisely when diversification is supposed to help.
FAQ
What is the correlation between AEHL and NRDY?
The AEHL/NRDY correlation stands at 0.98 on a 3-year window (1 year: 0.98, 5 years: 0.97), computed from weekly returns as of 2026-08-27.
Is NRDY a good diversifier for AEHL?
No: a correlation of 0.98 means AEHL and NRDY tend to fall together, which is precisely when diversification is supposed to help.
What does a correlation of 0.98 mean?
On the −1 to +1 scale, 0.98 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-nrdy.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aehl-vs-nrdy/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AEHL correlations · NRDY correlations
