AFJK vs BEAT: Correlation
Aimei Health Technology Co., Ltd (AFJK) and Heartbeam, Inc. (BEAT) show a strong relationship: their 3-year correlation of weekly returns is 0.77.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AFJK and BEAT?
Across a 3-year window, the weekly returns of AFJK and BEAT correlate at 0.77, strong. Little has changed lately, as the 1-year reading of 0.83 lands near the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of 23556.2 %².
Few assets follow AFJK as closely as BEAT, which ranks #1 of 29 tracked partners. The last year tells two different stories: AFJK led by 67.2 percentage points, +8.4% for AFJK against -58.8% for BEAT.
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.
AFJK vs BEAT: side by side
| AFJK (Aimei Health Technology Co., Ltd) | BEAT (Heartbeam, Inc.) | |
|---|---|---|
| 1-year return | +8.4% | -58.8% |
| 5-year return | n/a | -89.6% |
| Volatility (ann.) | 197.3% | 152.8% |
| Beta vs S&P 500 | 0.18 | 0.65 |
| Max drawdown (3Y) | -86.8% | -86.1% |
| Market cap | – | – |
| P/E (trailing) | 174.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AFJK | BEAT |
|---|---|---|
| 2022 | – | +58.4% |
| 2023 | – | -51.8% |
| 2024 | – | -2.1% |
| 2025 | +498.2% | +4.3% |
| 2026 | -80.9% | -79.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AFJK and BEAT good diversifiers for each other?
Somewhat, no more. With 0.77 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between AFJK and BEAT?
Using weekly returns as of 2026-08-27: 0.77 over 3 years, with 0.83 over the last year and n/a over 5 years.
Is BEAT a good diversifier for AFJK?
Somewhat, no more. With 0.77 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.77 mean?
A reading of 0.77 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/afjk-vs-beat.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/afjk-vs-beat/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AFJK correlations · BEAT correlations
