AIRE vs COSM: Correlation
How closely do reAlpha Tech Corp. (AIRE) and Cosmos Health Inc. (COSM) trade together? Their weekly returns over three years give a correlation of 0.41, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIRE and COSM?
On 3 years of weekly data the AIRE/COSM correlation comes out at 0.41, moderate. The relationship has been stable: the 1-year correlation (0.47) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 9421.8 %².
By 3-year correlation, COSM places #10 of the 18 assets tracked against AIRE. Over the last 12 months COSM came out ahead by 7.3 percentage points (-80.4% against -73.1%). Risk is not evenly split, since AIRE carries 2.2 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.
AIRE vs COSM: side by side
| AIRE (reAlpha Tech Corp.) | COSM (Cosmos Health Inc.) | |
|---|---|---|
| 1-year return | -80.4% | -73.1% |
| 5-year return | n/a | -95.1% |
| Volatility (ann.) | 227.0% | 102.9% |
| Beta vs S&P 500 | 2.00 | 2.19 |
| Max drawdown (3Y) | -100.0% | -90.9% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIRE | COSM |
|---|---|---|
| 2022 | – | +35.3% |
| 2023 | – | -69.1% |
| 2024 | +45.2% | -52.6% |
| 2025 | -85.6% | -25.6% |
| 2026 | -83.8% | -56.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIRE and COSM good diversifiers for each other?
Reasonably. At 0.41, AIRE and COSM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between AIRE and COSM?
The AIRE/COSM correlation stands at 0.41 on a 3-year window (1 year: 0.47, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is COSM a good diversifier for AIRE?
Reasonably. At 0.41, AIRE and COSM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.41 mean?
On the −1 to +1 scale, 0.41 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
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Related comparisons
Hubs: AIRE correlations · COSM correlations
