AENT vs JSPR: Correlation
Alliance Entertainment Holding Corporation (AENT) and Jasper Therapeutics, Inc. (JSPR) show a moderate relationship: their 3-year correlation of weekly returns is 0.33.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AENT and JSPR?
Across a 3-year window, the weekly returns of AENT and JSPR correlate at 0.33, moderate. The past 12 months show a weaker link (0.10) than the 3-year average (0.33). Stretching to 5 years gives 0.16, with an annualized covariance of 3607.9 %².
In AENT's tracked universe of 12 assets, JSPR sits right near the top at #2. Correlation aside, the last 12 months split them widely, with AENT ahead by 79.9 points (+4.0% versus -75.9%).
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.
AENT vs JSPR: side by side
| AENT (Alliance Entertainment Holding Corporation) | JSPR (Jasper Therapeutics, Inc.) | |
|---|---|---|
| 1-year return | +4.0% | -75.9% |
| 5-year return | -43.4% | -99.3% |
| Volatility (ann.) | 94.6% | 114.2% |
| Beta vs S&P 500 | 1.21 | 2.78 |
| Max drawdown (3Y) | -78.2% | -98.9% |
| Market cap | $0.3B | – |
| P/E (trailing) | 11.9 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AENT | JSPR |
|---|---|---|
| 2022 | +4.0% | -93.8% |
| 2023 | -90.9% | +63.4% |
| 2024 | +876.3% | +171.0% |
| 2025 | -10.8% | -91.4% |
| 2026 | -32.2% | -61.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AENT and JSPR good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AENT and JSPR?
Using weekly returns as of 2026-08-27: 0.33 over 3 years, with 0.10 over the last year and 0.16 over 5 years.
Is JSPR a good diversifier for AENT?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.33 mean?
On the −1 to +1 scale, 0.33 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/aent-vs-jspr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/aent-vs-jspr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AENT correlations · JSPR correlations
