AIHS vs BLCO: Correlation
Measured on weekly returns over the past three years, Senmiao Technology Limited (AIHS) and Bausch + Lomb Corporation (BLCO) carry a correlation of -0.18, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIHS and BLCO?
On 3 years of weekly data the AIHS/BLCO correlation comes out at -0.18, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.07) runs above the 3-year figure (-0.18). The 5-year figure is -0.10, and annualized covariance runs at -611.2 %².
Among the 19 assets we track against AIHS, BLCO ranks #9 by 3-year correlation. Correlation aside, the last 12 months split them widely, with BLCO ahead by 76.0 points (-58.3% versus +17.7%). One caveat on sizing: AIHS is 2.2 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
AIHS vs BLCO: side by side
| AIHS (Senmiao Technology Limited) | BLCO (Bausch + Lomb Corporation) | |
|---|---|---|
| 1-year return | -58.3% | +17.7% |
| 5-year return | -97.9% | -14.4% |
| Volatility (ann.) | 85.8% | 39.6% |
| Beta vs S&P 500 | -0.01 | 0.82 |
| Max drawdown (3Y) | -93.0% | -47.9% |
| Market cap | – | $6.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIHS | BLCO |
|---|---|---|
| 2022 | -75.6% | – |
| 2023 | -54.6% | +10.0% |
| 2024 | +161.0% | +5.9% |
| 2025 | -90.0% | -5.4% |
| 2026 | +22.4% | +0.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIHS and BLCO good diversifiers for each other?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
FAQ
What is the correlation between AIHS and BLCO?
As of 2026-08-27, the correlation of weekly returns between AIHS and BLCO is -0.18 over 3 years, -0.07 over 1 year and -0.10 over 5 years.
Is BLCO a good diversifier for AIHS?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
What does a correlation of -0.18 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/aihs-vs-blco.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aihs-vs-blco/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AIHS correlations · BLCO correlations
