AEON vs IDAI: Correlation
How closely do AEON Biopharma, Inc. (AEON) and T Stamp Inc. (IDAI) trade together? Their weekly returns over three years give a correlation of -0.23, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AEON and IDAI?
On 3 years of weekly data the AEON/IDAI correlation comes out at -0.23, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.01) runs above the 3-year figure (-0.23). The 5-year figure is -0.21, and annualized covariance runs at -16722.6 %².
Out of 10 assets tracked against AEON, IDAI lands near the bottom at #10. The last year tells two different stories: IDAI led by 77.3 percentage points, -61.8% for AEON against +15.5% for IDAI. Risk is not evenly split, since IDAI carries 3.6 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.
AEON vs IDAI: side by side
| AEON (AEON Biopharma, Inc.) | IDAI (T Stamp Inc.) | |
|---|---|---|
| 1-year return | -61.8% | +15.5% |
| 5-year return | n/a | -76.5% |
| Volatility (ann.) | 141.3% | 505.7% |
| Beta vs S&P 500 | 1.33 | -1.01 |
| Max drawdown (3Y) | -100.0% | -92.9% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AEON | IDAI |
|---|---|---|
| 2022 | – | -88.0% |
| 2023 | – | -43.0% |
| 2024 | -92.5% | -35.5% |
| 2025 | -97.2% | +342.8% |
| 2026 | -73.3% | -14.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AEON and IDAI good diversifiers for each other?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AEON and IDAI?
As of 2026-08-27, the correlation of weekly returns between AEON and IDAI is -0.23 over 3 years, -0.01 over 1 year and -0.21 over 5 years.
Is IDAI a good diversifier for AEON?
Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.23 mean?
A reading of -0.23 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: AEON correlations · IDAI correlations
