AEMD vs NVNI: Correlation
How closely do Aethlon Medical, Inc. (AEMD) and Nvni Group Limited (NVNI) trade together? Their weekly returns over three years give a correlation of 0.32, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AEMD and NVNI?
Across a 3-year window, the weekly returns of AEMD and NVNI correlate at 0.32, moderate. The link has loosened recently: the 1-year correlation (-0.02) runs below the 3-year figure (0.32). Stretching to 5 years gives 0.25, with an annualized covariance of 35383.9 %².
Among the 10 assets we track against AEMD, NVNI ranks #4 by 3-year correlation. Over the last 12 months NVNI came out ahead by 14.3 percentage points (-97.3% against -83.0%). One caveat on sizing: NVNI is 8.1 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 NVNI: side by side
| AEMD (Aethlon Medical, Inc.) | NVNI (Nvni Group Limited) | |
|---|---|---|
| 1-year return | -97.3% | -83.0% |
| 5-year return | -100.0% | -98.9% |
| Volatility (ann.) | 117.3% | 949.3% |
| Beta vs S&P 500 | 1.45 | -4.03 |
| Max drawdown (3Y) | -99.8% | -99.3% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AEMD | NVNI |
|---|---|---|
| 2022 | -84.9% | +4.4% |
| 2023 | -21.8% | -85.4% |
| 2024 | -60.7% | +64.4% |
| 2025 | -96.0% | -89.2% |
| 2026 | -84.3% | -60.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AEMD and NVNI good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.32 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AEMD and NVNI?
The AEMD/NVNI correlation stands at 0.32 on a 3-year window (1 year: -0.02, 5 years: 0.25), computed from weekly returns as of 2026-08-27.
Is NVNI a good diversifier for AEMD?
Yes, to a useful degree: a correlation of 0.32 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.32 mean?
A reading of 0.32 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aemd-vs-nvni.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aemd-vs-nvni/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AEMD correlations · NVNI correlations
