AIIO vs REED: Correlation
Measured on weekly returns over the past three years, Robo.ai Inc. - Class B (AIIO) and Reed's, Inc. (REED) 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 AIIO and REED?
Across a 3-year window, the weekly returns of AIIO and REED correlate at -0.28, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.26) sits close to the 3-year figure. Stretching to 5 years gives -0.24, with an annualized covariance of -8163.4 %².
Within AIIO's tracked universe of 35 assets, REED comes in at #30 by 3-year correlation. On 12-month performance REED holds a 7.2-point edge, -91.3% against -84.1%. One caveat on sizing: AIIO is 2.7 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.
AIIO vs REED: side by side
| AIIO (Robo.ai Inc. - Class B) | REED (Reed's, Inc.) | |
|---|---|---|
| 1-year return | -91.3% | -84.1% |
| 5-year return | -98.8% | -99.5% |
| Volatility (ann.) | 280.6% | 104.6% |
| Beta vs S&P 500 | 0.74 | -0.39 |
| Max drawdown (3Y) | -99.7% | -96.4% |
| Market cap | $0.4B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIIO | REED |
|---|---|---|
| 2022 | -9.2% | -80.6% |
| 2023 | -27.5% | -54.3% |
| 2024 | -91.0% | -60.6% |
| 2025 | -56.6% | -44.4% |
| 2026 | -61.3% | -53.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIIO and REED 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 AIIO and REED?
The AIIO/REED correlation stands at -0.28 on a 3-year window (1 year: -0.26, 5 years: -0.24), computed from weekly returns as of 2026-08-27.
Is REED a good diversifier for AIIO?
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/aiio-vs-reed.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aiio-vs-reed/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AIIO correlations · REED correlations
