AEYE vs CRMD: Correlation
How closely do AudioEye, Inc. (AEYE) and CorMedix Inc. (CRMD) trade together? Their weekly returns over three years give a correlation of 0.37, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AEYE and CRMD?
On 3 years of weekly data the AEYE/CRMD correlation comes out at 0.37, moderate. Little has changed lately, as the 1-year reading of 0.28 lands near the 3-year figure. The 5-year figure is 0.35, and annualized covariance runs at 2359.5 %².
By 3-year correlation, CRMD places #11 of the 17 assets tracked against AEYE. Twelve-month performance is nearly a tie, at -41.4% for AEYE and -41.2% for CRMD.
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.
AEYE vs CRMD: side by side
| AEYE (AudioEye, Inc.) | CRMD (CorMedix Inc.) | |
|---|---|---|
| 1-year return | -41.4% | -41.2% |
| 5-year return | -44.5% | +33.4% |
| Volatility (ann.) | 86.5% | 74.6% |
| Beta vs S&P 500 | 2.63 | 1.50 |
| Max drawdown (3Y) | -83.9% | -62.3% |
| Market cap | $0.1B | $0.6B |
| P/E (trailing) | – | 3.8 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AEYE | CRMD |
|---|---|---|
| 2022 | -45.4% | -7.3% |
| 2023 | +41.5% | -10.9% |
| 2024 | +180.6% | +115.4% |
| 2025 | -34.3% | +43.6% |
| 2026 | -28.0% | -28.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AEYE and CRMD good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AEYE and CRMD?
As of 2026-08-27, the correlation of weekly returns between AEYE and CRMD is 0.37 over 3 years, 0.28 over 1 year and 0.35 over 5 years.
Is CRMD a good diversifier for AEYE?
Yes, to a useful degree: a correlation of 0.37 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.37 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/aeye-vs-crmd.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aeye-vs-crmd/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AEYE correlations · CRMD correlations
