AEI vs NNE: Correlation
Measured on weekly returns over the past three years, Alset Inc. (AEI) and Nano Nuclear Energy Inc. (NNE) carry a correlation of 0.36, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AEI and NNE?
Across a 3-year window, the weekly returns of AEI and NNE correlate at 0.36, moderate. Recent behaviour matches the longer record: 0.35 over 1 year against 0.36 over 3. Stretching to 5 years gives n/a, with an annualized covariance of 6277.7 %².
NNE is one of the assets that tracks AEI most closely: it ranks #3 out of the 14 assets we track against AEI. The last year tells two different stories: AEI led by 42.9 percentage points, +1.4% for AEI against -41.5% for NNE.
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 NNE: side by side
| AEI (Alset Inc.) | NNE (Nano Nuclear Energy Inc.) | |
|---|---|---|
| 1-year return | +1.4% | -41.5% |
| 5-year return | -96.4% | n/a |
| Volatility (ann.) | 106.1% | 155.1% |
| Beta vs S&P 500 | 1.79 | 4.18 |
| Max drawdown (3Y) | -76.1% | -77.7% |
| Market cap | $0.1B | $1.0B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AEI | NNE |
|---|---|---|
| 2022 | -79.4% | – |
| 2023 | -55.2% | – |
| 2024 | -1.0% | – |
| 2025 | +237.3% | -3.6% |
| 2026 | -57.3% | -19.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AEI and NNE good diversifiers for each other?
Reasonably. At 0.36, AEI and NNE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between AEI and NNE?
As of 2026-08-27, the correlation of weekly returns between AEI and NNE is 0.36 over 3 years, 0.35 over 1 year and n/a over 5 years.
Is NNE a good diversifier for AEI?
Reasonably. At 0.36, AEI and NNE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.36 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aei-vs-nne.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aei-vs-nne/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AEI correlations · NNE correlations
