AEI vs ALP: Correlation
Alset Inc. (AEI) and Alpha Compute Corp (ALP) show a moderate relationship: their 3-year correlation of weekly returns is 0.32.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AEI and ALP?
On 3 years of weekly data the AEI/ALP correlation comes out at 0.32, moderate. The past 12 months show a weaker link (0.18) than the 3-year average (0.32). The 5-year figure is 0.26, and annualized covariance runs at 6717.2 %².
Among the 14 assets we track against AEI, ALP ranks #6 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months AEI outperformed by 99.0 percentage points (+1.4% for AEI against -97.6% for ALP). Risk is not evenly split, since ALP carries 1.8 times the volatility of the other side.
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.
AEI vs ALP: side by side
| AEI (Alset Inc.) | ALP (Alpha Compute Corp) | |
|---|---|---|
| 1-year return | +1.4% | -97.6% |
| 5-year return | -96.4% | -100.0% |
| Volatility (ann.) | 106.1% | 195.0% |
| Beta vs S&P 500 | 1.79 | 1.99 |
| Max drawdown (3Y) | -76.1% | -99.8% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AEI | ALP |
|---|---|---|
| 2022 | -79.4% | -50.7% |
| 2023 | -55.2% | -65.6% |
| 2024 | -1.0% | -85.8% |
| 2025 | +237.3% | -88.4% |
| 2026 | -57.3% | -70.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AEI and ALP good diversifiers for each other?
Reasonably. At 0.32, AEI and ALP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between AEI and ALP?
Using weekly returns as of 2026-08-27: 0.32 over 3 years, with 0.18 over the last year and 0.26 over 5 years.
Is ALP a good diversifier for AEI?
Reasonably. At 0.32, AEI and ALP keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.32 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.
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Related comparisons
Hubs: AEI correlations · ALP correlations
