AIP vs HTCR: Correlation
How closely do Arteris, Inc. (AIP) and Heartcore Enterprises, Inc. (HTCR) trade together? Their weekly returns over three years give a correlation of 0.35, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIP and HTCR?
Across a 3-year window, the weekly returns of AIP and HTCR correlate at 0.35, moderate. The relationship has been stable: the 1-year correlation (0.29) sits close to the 3-year figure. Stretching to 5 years gives 0.24, with an annualized covariance of 2262.4 %².
Out of 13 assets tracked against AIP, HTCR lands near the bottom at #10. The last year tells two different stories: AIP led by 230.1 percentage points, +143.4% for AIP against -86.7% for HTCR.
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.
AIP vs HTCR: side by side
| AIP (Arteris, Inc.) | HTCR (Heartcore Enterprises, Inc.) | |
|---|---|---|
| 1-year return | +143.4% | -86.7% |
| 5-year return | +29.7% | -96.7% |
| Volatility (ann.) | 65.6% | 97.6% |
| Beta vs S&P 500 | 2.01 | 1.26 |
| Max drawdown (3Y) | -54.5% | -95.7% |
| Market cap | $1.2B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIP | HTCR |
|---|---|---|
| 2022 | -79.6% | – |
| 2023 | +37.0% | -29.9% |
| 2024 | +73.0% | +199.2% |
| 2025 | +52.1% | -80.3% |
| 2026 | +52.3% | -56.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIP and HTCR good diversifiers for each other?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between AIP and HTCR?
As of 2026-08-27, the correlation of weekly returns between AIP and HTCR is 0.35 over 3 years, 0.29 over 1 year and 0.24 over 5 years.
Is HTCR a good diversifier for AIP?
A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.35 mean?
On the −1 to +1 scale, 0.35 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/aip-vs-htcr.json
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[](https://www.pairbook.io/pair/aip-vs-htcr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AIP correlations · HTCR correlations
