AIM vs SDA: Correlation
Measured on weekly returns over the past three years, AIM ImmunoTech Inc. (AIM) and SunCar Technology Group Inc. (SDA) carry a correlation of 0.36, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIM and SDA?
Across a 3-year window, the weekly returns of AIM and SDA correlate at 0.36, moderate. The past 12 months show a tighter link (0.61) than the 3-year average (0.36). Stretching to 5 years gives 0.23, with an annualized covariance of 3648.4 %².
Within AIM's tracked universe of 12 assets, SDA comes in at #4 by 3-year correlation. The last year tells two different stories: SDA led by 19.0 percentage points, -89.7% for AIM against -70.7% for SDA.
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 SDA: side by side
| AIM (AIM ImmunoTech Inc.) | SDA (SunCar Technology Group Inc.) | |
|---|---|---|
| 1-year return | -89.7% | -70.7% |
| 5-year return | -99.9% | -92.6% |
| Volatility (ann.) | 120.5% | 84.1% |
| Beta vs S&P 500 | 1.08 | 0.35 |
| Max drawdown (3Y) | -99.7% | -95.7% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIM | SDA |
|---|---|---|
| 2022 | -66.3% | +4.3% |
| 2023 | +41.9% | -20.3% |
| 2024 | -54.5% | +17.0% |
| 2025 | -94.4% | -79.1% |
| 2026 | -77.2% | -63.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIM and SDA good diversifiers for each other?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between AIM and SDA?
Using weekly returns as of 2026-08-27: 0.36 over 3 years, with 0.61 over the last year and 0.23 over 5 years.
Is SDA a good diversifier for AIM?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.36 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/aim-vs-sda.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aim-vs-sda/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AIM correlations · SDA correlations
