AIMD vs HPE: Correlation
Ainos, Inc. (AIMD) and Hewlett Packard Enterprise (HPE) show a moderate relationship: their 3-year correlation of weekly returns is 0.33.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIMD and HPE?
Over the past 3 years, AIMD and HPE moved with a correlation of 0.33, which is moderate. Little has changed lately, as the 1-year reading of 0.26 lands near the 3-year figure. Over 5 years the correlation is 0.22, and the annualized covariance of weekly returns is 1687.5 %².
By 3-year correlation, HPE places #5 of the 11 assets tracked against AIMD. Their recent paths diverged sharply: over the last 12 months HPE outperformed by 207.0 percentage points (-62.6% for AIMD against +144.4% for HPE). Note the risk asymmetry: AIMD runs 2.7 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.
AIMD vs HPE: side by side
| AIMD (Ainos, Inc.) | HPE (Hewlett Packard Enterprise) | |
|---|---|---|
| 1-year return | -62.6% | +144.4% |
| 5-year return | -99.6% | +309.3% |
| Volatility (ann.) | 117.9% | 43.8% |
| Beta vs S&P 500 | 1.67 | 1.47 |
| Max drawdown (3Y) | -94.0% | -48.4% |
| Market cap | – | $72.0B |
| P/E (trailing) | – | 51.3 |
| Dividend yield | 0.00% | 0.99% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | AIMD | HPE |
|---|---|---|
| 2022 | -95.1% | +4.5% |
| 2023 | -33.9% | +9.7% |
| 2024 | -77.8% | +29.1% |
| 2025 | -28.1% | +15.5% |
| 2026 | -13.4% | +128.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIMD and HPE good diversifiers for each other?
Reasonably. At 0.33, AIMD and HPE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between AIMD and HPE?
As of 2026-08-27, the correlation of weekly returns between AIMD and HPE is 0.33 over 3 years, 0.26 over 1 year and 0.22 over 5 years.
Is HPE a good diversifier for AIMD?
Reasonably. At 0.33, AIMD and HPE keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.33 mean?
On the −1 to +1 scale, 0.33 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.
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Related comparisons
Hubs: AIMD correlations · HPE correlations
