AIFA vs NFE: Correlation
All In FutureTech Alliance, Inc. (AIFA) and New Fortress Energy Inc. (NFE) show a negative relationship: their 3-year correlation of weekly returns is -0.19.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIFA and NFE?
On 3 years of weekly data the AIFA/NFE correlation comes out at -0.19, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.19) sits close to the 3-year figure. The 5-year figure is -0.15, and annualized covariance runs at -2832.1 %².
Among the 10 assets we track against AIFA, NFE sits near the bottom by co-movement, at rank #8. The last year tells two different stories: AIFA led by 29.5 percentage points, -58.8% for AIFA against -88.3% for NFE.
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.
AIFA vs NFE: side by side
| AIFA (All In FutureTech Alliance, Inc.) | NFE (New Fortress Energy Inc.) | |
|---|---|---|
| 1-year return | -58.8% | -88.3% |
| 5-year return | -76.3% | -98.8% |
| Volatility (ann.) | 134.8% | 109.0% |
| Beta vs S&P 500 | 2.25 | 1.67 |
| Max drawdown (3Y) | -92.8% | -99.3% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIFA | NFE |
|---|---|---|
| 2022 | -38.6% | +77.4% |
| 2023 | +1.0% | -3.1% |
| 2024 | -25.2% | -59.2% |
| 2025 | -50.6% | -92.5% |
| 2026 | +20.7% | -73.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIFA and NFE good diversifiers for each other?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AIFA and NFE?
As of 2026-08-27, the correlation of weekly returns between AIFA and NFE is -0.19 over 3 years, -0.19 over 1 year and -0.15 over 5 years.
Is NFE a good diversifier for AIFA?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.19 mean?
On the −1 to +1 scale, -0.19 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/aifa-vs-nfe.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aifa-vs-nfe/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AIFA correlations · NFE correlations
