AIIO vs CERT: Correlation
Measured on weekly returns over the past three years, Robo.ai Inc. - Class B (AIIO) and Certara, Inc. (CERT) carry a correlation of -0.27, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIIO and CERT?
Over the past 3 years, AIIO and CERT moved with a correlation of -0.27, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.37) sits close to the 3-year figure. Over 5 years the correlation is -0.19, and the annualized covariance of weekly returns is -4267.8 %².
Among the 35 assets we track against AIIO, CERT ranks #26 by 3-year correlation. The last year tells two different stories: CERT led by 68.0 percentage points, -91.3% for AIIO against -23.3% for CERT. Risk is not evenly split, since AIIO carries 4.9 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.
AIIO vs CERT: side by side
| AIIO (Robo.ai Inc. - Class B) | CERT (Certara, Inc.) | |
|---|---|---|
| 1-year return | -91.3% | -23.3% |
| 5-year return | -98.8% | -74.4% |
| Volatility (ann.) | 280.6% | 56.7% |
| Beta vs S&P 500 | 0.74 | 1.49 |
| Max drawdown (3Y) | -99.7% | -77.0% |
| Market cap | $0.4B | $1.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIIO | CERT |
|---|---|---|
| 2022 | -9.2% | -43.5% |
| 2023 | -27.5% | +9.5% |
| 2024 | -91.0% | -39.5% |
| 2025 | -56.6% | -17.3% |
| 2026 | -61.3% | -4.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIIO and CERT good diversifiers for each other?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AIIO and CERT?
Using weekly returns as of 2026-08-27: -0.27 over 3 years, with -0.37 over the last year and -0.19 over 5 years.
Is CERT a good diversifier for AIIO?
Yes: at -0.27, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.27 mean?
On the −1 to +1 scale, -0.27 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aiio-vs-cert.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aiio-vs-cert/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AIIO correlations · CERT correlations
