AIMD vs LTRN: Correlation
Measured on weekly returns over the past three years, Ainos, Inc. (AIMD) and Lantern Pharma Inc. (LTRN) carry a correlation of 0.40, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIMD and LTRN?
Over the past 3 years, AIMD and LTRN moved with a correlation of 0.40, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.28 versus 0.40 over 3 years. Over 5 years the correlation is 0.15, and the annualized covariance of weekly returns is 4937.5 %².
Within AIMD's tracked universe of 11 assets, LTRN comes in at #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with LTRN ahead by 15.9 points (-62.6% versus -46.7%).
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 LTRN: side by side
| AIMD (Ainos, Inc.) | LTRN (Lantern Pharma Inc.) | |
|---|---|---|
| 1-year return | -62.6% | -46.7% |
| 5-year return | -99.6% | -84.2% |
| Volatility (ann.) | 117.9% | 104.8% |
| Beta vs S&P 500 | 1.67 | 2.39 |
| Max drawdown (3Y) | -94.0% | -89.5% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIMD | LTRN |
|---|---|---|
| 2022 | -95.1% | -24.3% |
| 2023 | -33.9% | -29.1% |
| 2024 | -77.8% | -25.5% |
| 2025 | -28.1% | -5.0% |
| 2026 | -13.4% | -28.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIMD and LTRN good diversifiers for each other?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between AIMD and LTRN?
Using weekly returns as of 2026-08-27: 0.40 over 3 years, with 0.28 over the last year and 0.15 over 5 years.
Is LTRN a good diversifier for AIMD?
A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.40 mean?
On the −1 to +1 scale, 0.40 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/aimd-vs-ltrn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/aimd-vs-ltrn/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AIMD correlations · LTRN correlations
