AIFF vs WLYB: Correlation
Firefly Neuroscience, Inc. (AIFF) and John Wiley & Sons, Inc. (WLYB) show a moderate relationship: their 3-year correlation of weekly returns is 0.31.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIFF and WLYB?
On 3 years of weekly data the AIFF/WLYB correlation comes out at 0.31, moderate. The past 12 months show a tighter link (0.56) than the 3-year average (0.31). The 5-year figure is 0.25, and annualized covariance runs at 2174.9 %².
Among the 15 assets we track against AIFF, WLYB ranks #9 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months WLYB outperformed by 99.8 percentage points (-58.9% for AIFF against +40.9% for WLYB). Note the risk asymmetry: AIFF runs 5.1 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
AIFF vs WLYB: side by side
| AIFF (Firefly Neuroscience, Inc.) | WLYB (John Wiley & Sons, Inc.) | |
|---|---|---|
| 1-year return | -58.9% | +40.9% |
| 5-year return | -98.8% | +10.5% |
| Volatility (ann.) | 190.4% | 37.4% |
| Beta vs S&P 500 | 1.78 | 0.31 |
| Max drawdown (3Y) | -95.9% | -41.5% |
| Market cap | – | $2.8B |
| P/E (trailing) | – | 13.0 |
| Dividend yield | 0.00% | 2.64% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIFF | WLYB |
|---|---|---|
| 2022 | -90.3% | -27.5% |
| 2023 | -64.8% | -14.7% |
| 2024 | -47.7% | +41.5% |
| 2025 | -66.8% | -27.3% |
| 2026 | +22.7% | +78.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIFF and WLYB good diversifiers for each other?
A fair diversifier. At 0.31, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between AIFF and WLYB?
Using weekly returns as of 2026-08-27: 0.31 over 3 years, with 0.56 over the last year and 0.25 over 5 years.
Is WLYB a good diversifier for AIFF?
A fair diversifier. At 0.31, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.31 mean?
On the −1 to +1 scale, 0.31 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.
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Related comparisons
Hubs: AIFF correlations · WLYB correlations
