AIMD vs AISP: Correlation
Ainos, Inc. (AIMD) and Airship AI Holdings, Inc (AISP) show a moderate relationship: their 3-year correlation of weekly returns is 0.48.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIMD and AISP?
On 3 years of weekly data the AIMD/AISP correlation comes out at 0.48, moderate. Little has changed lately, as the 1-year reading of 0.45 lands near the 3-year figure. The 5-year figure is 0.21, and annualized covariance runs at 13178.2 %².
In AIMD's tracked universe of 11 assets, AISP sits right near the top at #1. On 12-month performance AISP holds a 9.6-point edge, -62.6% against -53.0%. Note the risk asymmetry: AISP runs 2.0 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.
AIMD vs AISP: side by side
| AIMD (Ainos, Inc.) | AISP (Airship AI Holdings, Inc) | |
|---|---|---|
| 1-year return | -62.6% | -53.0% |
| 5-year return | -99.6% | -77.4% |
| Volatility (ann.) | 117.9% | 233.1% |
| Beta vs S&P 500 | 1.67 | 1.24 |
| Max drawdown (3Y) | -94.0% | -87.4% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | 3.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIMD | AISP |
|---|---|---|
| 2022 | -95.1% | +3.0% |
| 2023 | -33.9% | -83.1% |
| 2024 | -77.8% | +268.2% |
| 2025 | -28.1% | -53.8% |
| 2026 | -13.4% | -24.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIMD and AISP good diversifiers for each other?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between AIMD and AISP?
Using weekly returns as of 2026-08-27: 0.48 over 3 years, with 0.45 over the last year and 0.21 over 5 years.
Is AISP a good diversifier for AIMD?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.48 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/aimd-vs-aisp.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aimd-vs-aisp/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AIMD correlations · AISP correlations
