AEMD vs CTNT: Correlation
Measured on weekly returns over the past three years, Aethlon Medical, Inc. (AEMD) and Cheetah Net Supply Chain Service Inc. (CTNT) carry a correlation of -0.29, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AEMD and CTNT?
On 3 years of weekly data the AEMD/CTNT correlation comes out at -0.29, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.07) than the 3-year average (-0.29). The 5-year figure is n/a, and annualized covariance runs at -15593.2 %².
Out of 10 assets tracked against AEMD, CTNT lands near the bottom at #10. Neither side won the trailing year by much: -97.3% against -99.6%. Note the risk asymmetry: CTNT runs 3.9 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.
AEMD vs CTNT: side by side
| AEMD (Aethlon Medical, Inc.) | CTNT (Cheetah Net Supply Chain Service Inc.) | |
|---|---|---|
| 1-year return | -97.3% | -99.6% |
| 5-year return | -100.0% | n/a |
| Volatility (ann.) | 117.3% | 461.2% |
| Beta vs S&P 500 | 1.45 | 2.82 |
| Max drawdown (3Y) | -99.8% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AEMD | CTNT |
|---|---|---|
| 2022 | -84.9% | – |
| 2023 | -21.8% | – |
| 2024 | -60.7% | -85.3% |
| 2025 | -96.0% | -61.4% |
| 2026 | -84.3% | -99.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AEMD and CTNT good diversifiers for each other?
By historical standards, yes. A correlation of -0.29 means the two rarely move for the same reasons.
FAQ
What is the correlation between AEMD and CTNT?
Using weekly returns as of 2026-08-27: -0.29 over 3 years, with -0.07 over the last year and n/a over 5 years.
Is CTNT a good diversifier for AEMD?
By historical standards, yes. A correlation of -0.29 means the two rarely move for the same reasons.
What does a correlation of -0.29 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/aemd-vs-ctnt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aemd-vs-ctnt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AEMD correlations · CTNT correlations
