AIM vs CPS: Correlation
How closely do AIM ImmunoTech Inc. (AIM) and Cooper-Standard Holdings Inc. (CPS) trade together? Their weekly returns over three years give a correlation of 0.37, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIM and CPS?
Across a 3-year window, the weekly returns of AIM and CPS correlate at 0.37, moderate. The relationship has been stable: the 1-year correlation (0.36) sits close to the 3-year figure. Stretching to 5 years gives 0.24, with an annualized covariance of 3248.1 %².
In AIM's tracked universe of 12 assets, CPS sits right near the top at #1. Correlation aside, the last 12 months split them widely, with CPS ahead by 63.9 points (-89.7% versus -25.8%). Note the risk asymmetry: AIM runs 1.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
AIM vs CPS: side by side
| AIM (AIM ImmunoTech Inc.) | CPS (Cooper-Standard Holdings Inc.) | |
|---|---|---|
| 1-year return | -89.7% | -25.8% |
| 5-year return | -99.9% | +15.8% |
| Volatility (ann.) | 120.5% | 72.2% |
| Beta vs S&P 500 | 1.08 | 1.75 |
| Max drawdown (3Y) | -99.7% | -45.2% |
| Market cap | – | $0.5B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIM | CPS |
|---|---|---|
| 2022 | -66.3% | -59.6% |
| 2023 | +41.9% | +115.7% |
| 2024 | -54.5% | -30.6% |
| 2025 | -94.4% | +142.1% |
| 2026 | -77.2% | -19.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIM and CPS good diversifiers for each other?
Reasonably. At 0.37, AIM and CPS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between AIM and CPS?
The AIM/CPS correlation stands at 0.37 on a 3-year window (1 year: 0.36, 5 years: 0.24), computed from weekly returns as of 2026-08-27.
Is CPS a good diversifier for AIM?
Reasonably. At 0.37, AIM and CPS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.37 mean?
On the −1 to +1 scale, 0.37 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/aim-vs-cps.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aim-vs-cps/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AIM correlations · CPS correlations
