AIRE vs ISPC: Correlation
How closely do reAlpha Tech Corp. (AIRE) and iSpecimen Inc. (ISPC) trade together? Their weekly returns over three years give a correlation of 0.50, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIRE and ISPC?
On 3 years of weekly data the AIRE/ISPC correlation comes out at 0.50, moderate. The link has tightened recently: the 1-year correlation (0.82) runs above the 3-year figure (0.50). The 5-year figure is n/a, and annualized covariance runs at 13850.2 %².
Within AIRE's tracked universe of 18 assets, ISPC comes in at #4 by 3-year correlation. Over the last 12 months AIRE came out ahead by 14.2 percentage points (-80.4% against -94.6%). Risk is not evenly split, since AIRE carries 1.9 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 ISPC: side by side
| AIRE (reAlpha Tech Corp.) | ISPC (iSpecimen Inc.) | |
|---|---|---|
| 1-year return | -80.4% | -94.6% |
| 5-year return | n/a | -100.0% |
| Volatility (ann.) | 227.0% | 121.8% |
| Beta vs S&P 500 | 2.00 | 0.67 |
| Max drawdown (3Y) | -100.0% | -99.8% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIRE | ISPC |
|---|---|---|
| 2022 | – | -82.4% |
| 2023 | – | -63.6% |
| 2024 | +45.2% | -73.5% |
| 2025 | -85.6% | -90.2% |
| 2026 | -83.8% | -84.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIRE and ISPC good diversifiers for each other?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between AIRE and ISPC?
As of 2026-08-27, the correlation of weekly returns between AIRE and ISPC is 0.50 over 3 years, 0.82 over 1 year and n/a over 5 years.
Is ISPC a good diversifier for AIRE?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.50 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-ispc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aire-vs-ispc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AIRE correlations · ISPC correlations
