AIRE vs EUDA: Correlation
Measured on weekly returns over the past three years, reAlpha Tech Corp. (AIRE) and Euda Health Holdings Limited (EUDA) carry a correlation of -0.21, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIRE and EUDA?
On 3 years of weekly data the AIRE/EUDA correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.26 lands near the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at -6737.3 %².
EUDA is close to the least connected end of AIRE's tracked universe, ranking #15 of 18. The trailing year gives EUDA the advantage: -80.4% versus -67.2%, a 13.2-point spread. Risk is not evenly split, since AIRE carries 1.6 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 EUDA: side by side
| AIRE (reAlpha Tech Corp.) | EUDA (Euda Health Holdings Limited) | |
|---|---|---|
| 1-year return | -80.4% | -67.2% |
| 5-year return | n/a | -92.2% |
| Volatility (ann.) | 227.0% | 139.0% |
| Beta vs S&P 500 | 2.00 | 0.75 |
| Max drawdown (3Y) | -100.0% | -95.7% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIRE | EUDA |
|---|---|---|
| 2022 | – | -83.1% |
| 2023 | – | -13.2% |
| 2024 | +45.2% | +212.9% |
| 2025 | -85.6% | -48.4% |
| 2026 | -83.8% | -67.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIRE and EUDA good diversifiers for each other?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AIRE and EUDA?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.26 over the last year and n/a over 5 years.
Is EUDA a good diversifier for AIRE?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.21 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aire-vs-euda.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aire-vs-euda/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AIRE correlations · EUDA correlations
