AIHS vs BSIN: Correlation
Senmiao Technology Limited (AIHS) and Big Sky Industrial Inc. (BSIN) show a negative relationship: their 3-year correlation of weekly returns is -0.29.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIHS and BSIN?
Over the past 3 years, AIHS and BSIN moved with a correlation of -0.29, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.08 versus -0.29 over 3 years. Over 5 years the correlation is -0.09, and the annualized covariance of weekly returns is -1861.5 %².
Out of 19 assets tracked against AIHS, BSIN lands near the bottom at #16. Correlation aside, the last 12 months split them widely, with BSIN ahead by 86.3 points (-58.3% versus +28.0%).
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 BSIN: side by side
| AIHS (Senmiao Technology Limited) | BSIN (Big Sky Industrial Inc.) | |
|---|---|---|
| 1-year return | -58.3% | +28.0% |
| 5-year return | -97.9% | -60.2% |
| Volatility (ann.) | 85.8% | 75.7% |
| Beta vs S&P 500 | -0.01 | 0.30 |
| Max drawdown (3Y) | -93.0% | -81.8% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIHS | BSIN |
|---|---|---|
| 2022 | -75.6% | -28.2% |
| 2023 | -54.6% | -55.3% |
| 2024 | +161.0% | +63.0% |
| 2025 | -90.0% | -43.6% |
| 2026 | +22.4% | +64.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIHS and BSIN good diversifiers for each other?
Yes. With a correlation of -0.29, AIHS and BSIN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between AIHS and BSIN?
As of 2026-08-27, the correlation of weekly returns between AIHS and BSIN is -0.29 over 3 years, -0.08 over 1 year and -0.09 over 5 years.
Is BSIN a good diversifier for AIHS?
Yes. With a correlation of -0.29, AIHS and BSIN have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.29 mean?
A reading of -0.29 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/aihs-vs-bsin.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aihs-vs-bsin/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AIHS correlations · BSIN correlations