AIHS vs HCTI: Correlation
Measured on weekly returns over the past three years, Senmiao Technology Limited (AIHS) and Healthcare Triangle, Inc. (HCTI) carry a correlation of -0.30, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIHS and HCTI?
Over the past 3 years, AIHS and HCTI moved with a correlation of -0.30, which is negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.00) than the 3-year average (-0.30). Over 5 years the correlation is -0.20, and the annualized covariance of weekly returns is -6447.0 %².
HCTI is close to the least connected end of AIHS's tracked universe, ranking #17 of 19. The last year tells two different stories: AIHS led by 41.2 percentage points, -58.3% for AIHS against -99.5% for HCTI. Risk is not evenly split, since HCTI carries 2.9 times the volatility of the other side.
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 HCTI: side by side
| AIHS (Senmiao Technology Limited) | HCTI (Healthcare Triangle, Inc.) | |
|---|---|---|
| 1-year return | -58.3% | -99.5% |
| 5-year return | -97.9% | -100.0% |
| Volatility (ann.) | 85.8% | 249.0% |
| Beta vs S&P 500 | -0.01 | 0.19 |
| Max drawdown (3Y) | -93.0% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIHS | HCTI |
|---|---|---|
| 2022 | -75.6% | -90.1% |
| 2023 | -54.6% | +52.5% |
| 2024 | +161.0% | -64.1% |
| 2025 | -90.0% | -99.7% |
| 2026 | +22.4% | -97.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIHS and HCTI good diversifiers for each other?
By historical standards, yes. A correlation of -0.30 means the two rarely move for the same reasons.
FAQ
What is the correlation between AIHS and HCTI?
As of 2026-08-27, the correlation of weekly returns between AIHS and HCTI is -0.30 over 3 years, -0.00 over 1 year and -0.20 over 5 years.
Is HCTI a good diversifier for AIHS?
By historical standards, yes. A correlation of -0.30 means the two rarely move for the same reasons.
What does a correlation of -0.30 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-hcti.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aihs-vs-hcti/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AIHS correlations · HCTI correlations
