AIHS vs FLYX: Correlation
Senmiao Technology Limited (AIHS) and flyExclusive, Inc. (FLYX) show a weak relationship: their 3-year correlation of weekly returns is 0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIHS and FLYX?
Over the past 3 years, AIHS and FLYX moved with a correlation of 0.25, which is weak. Lately the two have drifted apart, with the 1-year correlation at 0.10 versus 0.25 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 2326.2 %².
Among the 19 assets we track against AIHS, FLYX ranks #4 by 3-year correlation. The trailing year gives AIHS the advantage: -58.3% versus -69.7%, a 11.4-point spread.
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 FLYX: side by side
| AIHS (Senmiao Technology Limited) | FLYX (flyExclusive, Inc.) | |
|---|---|---|
| 1-year return | -58.3% | -69.7% |
| 5-year return | -97.9% | n/a |
| Volatility (ann.) | 85.8% | 110.3% |
| Beta vs S&P 500 | -0.01 | 0.67 |
| Max drawdown (3Y) | -93.0% | -94.3% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIHS | FLYX |
|---|---|---|
| 2022 | -75.6% | – |
| 2023 | -54.6% | – |
| 2024 | +161.0% | -42.7% |
| 2025 | -90.0% | +30.5% |
| 2026 | +22.4% | -68.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIHS and FLYX good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.25 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AIHS and FLYX?
The AIHS/FLYX correlation stands at 0.25 on a 3-year window (1 year: 0.10, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is FLYX a good diversifier for AIHS?
Yes, to a useful degree: a correlation of 0.25 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.25 mean?
A reading of 0.25 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-flyx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aihs-vs-flyx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AIHS correlations · FLYX correlations
