AIHS vs VEL: Correlation
Measured on weekly returns over the past three years, Senmiao Technology Limited (AIHS) and Velocity Financial, Inc. (VEL) carry a correlation of -0.28, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIHS and VEL?
Over the past 3 years, AIHS and VEL moved with a correlation of -0.28, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.06 versus -0.28 over 3 years. Over 5 years the correlation is -0.17, and the annualized covariance of weekly returns is -617.8 %².
VEL is close to the least connected end of AIHS's tracked universe, ranking #15 of 19. Their recent paths diverged sharply: over the last 12 months VEL outperformed by 53.2 percentage points (-58.3% for AIHS against -5.1% for VEL). One caveat on sizing: AIHS is 3.4 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 VEL: side by side
| AIHS (Senmiao Technology Limited) | VEL (Velocity Financial, Inc.) | |
|---|---|---|
| 1-year return | -58.3% | -5.1% |
| 5-year return | -97.9% | +41.6% |
| Volatility (ann.) | 85.8% | 25.6% |
| Beta vs S&P 500 | -0.01 | 0.42 |
| Max drawdown (3Y) | -93.0% | -22.1% |
| Market cap | – | $0.7B |
| P/E (trailing) | – | 6.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIHS | VEL |
|---|---|---|
| 2022 | -75.6% | -29.6% |
| 2023 | -54.6% | +78.4% |
| 2024 | +161.0% | +13.6% |
| 2025 | -90.0% | +6.1% |
| 2026 | +22.4% | -12.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIHS and VEL good diversifiers for each other?
By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.
FAQ
What is the correlation between AIHS and VEL?
The AIHS/VEL correlation stands at -0.28 on a 3-year window (1 year: -0.06, 5 years: -0.17), computed from weekly returns as of 2026-08-27.
Is VEL a good diversifier for AIHS?
By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.
What does a correlation of -0.28 mean?
A reading of -0.28 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-vel.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aihs-vs-vel/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AIHS correlations · VEL correlations
