AIOS vs MRDN: Correlation
How closely do AIOS Tech Inc. - Class A (AIOS) and Meridian Holdings Inc. (MRDN) trade together? Their weekly returns over three years give a correlation of 0.39, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIOS and MRDN?
On 3 years of weekly data the AIOS/MRDN correlation comes out at 0.39, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.62 versus 0.39 over 3 years. The 5-year figure is 0.31, and annualized covariance runs at 5328.8 %².
By 3-year correlation, MRDN places #5 of the 14 assets tracked against AIOS. The last year tells two different stories: MRDN led by 69.0 percentage points, -78.6% for AIOS against -9.6% for MRDN. Risk is not evenly split, since AIOS carries 1.7 times the volatility of the other side.
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.
AIOS vs MRDN: side by side
| AIOS (AIOS Tech Inc. - Class A) | MRDN (Meridian Holdings Inc.) | |
|---|---|---|
| 1-year return | -78.6% | -9.6% |
| 5-year return | -99.1% | -82.1% |
| Volatility (ann.) | 153.4% | 89.9% |
| Beta vs S&P 500 | 1.61 | 0.53 |
| Max drawdown (3Y) | -98.1% | -91.7% |
| Market cap | $0.1B | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIOS | MRDN |
|---|---|---|
| 2022 | -82.2% | -60.4% |
| 2023 | -29.8% | -5.1% |
| 2024 | +67.7% | -17.8% |
| 2025 | -84.1% | -59.5% |
| 2026 | -21.6% | +45.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIOS and MRDN good diversifiers for each other?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between AIOS and MRDN?
The AIOS/MRDN correlation stands at 0.39 on a 3-year window (1 year: 0.62, 5 years: 0.31), computed from weekly returns as of 2026-08-27.
Is MRDN a good diversifier for AIOS?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.39 mean?
A reading of 0.39 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
$ curl https://www.pairbook.io/api/v1/pairs/aios-vs-mrdn.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/aios-vs-mrdn/)
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Related comparisons
Hubs: AIOS correlations · MRDN correlations
