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
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 500 | 1.67 | 0.18 |
| Max drawdown (3Y) | -94.0% | -46.0% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIMD | NLOP |
|---|---|---|
| 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.
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Related comparisons
Hubs: AIMD correlations · NLOP correlations