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AIMD vs NLOP: Correlation

Ainos, Inc. (AIMD) and Net Lease Office Properties (NLOP) show a negative relationship: their 3-year correlation of weekly returns is -0.21.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.21
negative
Correlation (1Y)
0.01
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
-952.1
%² · weekly, annualized

How correlated are AIMD and NLOP?

Across a 3-year window, the weekly returns of AIMD and NLOP correlate at -0.21, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.01 versus -0.21 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of -952.1 %².

NLOP is close to the least connected end of AIMD's tracked universe, ranking #11 of 11. Correlation aside, the last 12 months split them widely, with NLOP ahead by 70.6 points (-62.6% versus +8.0%). One caveat on sizing: AIMD is 3.0 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.

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 NLOP: side by side

AIMD (Ainos, Inc.)NLOP (Net Lease Office Properties)
1-year return-62.6%+8.0%
5-year return-99.6%n/a
Volatility (ann.)117.9%39.2%
Beta vs S&P 5001.670.18
Max drawdown (3Y)-94.0%-46.0%
Market cap$0.2B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: NLOP -46.0% vs -94.0%
-62%0%+26%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. AIMD · NLOP

Year-by-year returns

YearAIMDNLOP
2022-95.1%
2023-33.9%
2024-77.8%+68.9%
2025-28.1%+5.9%
2026-13.4%+8.5%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are AIMD and NLOP good diversifiers for each other?

Yes. With a correlation of -0.21, AIMD and NLOP have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

FAQ

What is the correlation between AIMD and NLOP?

Using weekly returns as of 2026-08-27: -0.21 over 3 years, with 0.01 over the last year and n/a over 5 years.

Is NLOP a good diversifier for AIMD?

Yes. With a correlation of -0.21, AIMD and NLOP have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

What does a correlation of -0.21 mean?

A reading of -0.21 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

Use this data

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AIMD vs NLOP: 3-year weekly correlation -0.21AIMD vs NLOP-0.21

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Hubs: AIMD correlations · NLOP correlations