AISP vs ODYS: Correlation
Measured on weekly returns over the past three years, Airship AI Holdings, Inc (AISP) and Odysight.ai Inc. (ODYS) carry a correlation of 0.37, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AISP and ODYS?
On 3 years of weekly data the AISP/ODYS correlation comes out at 0.37, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.11 versus 0.37 over 3 years. The 5-year figure is 0.19, and annualized covariance runs at 7304.5 %².
Among the 29 assets we track against AISP, ODYS ranks #13 by 3-year correlation. Correlation aside, the last 12 months split them widely, with ODYS ahead by 52.7 points (-53.0% versus -0.3%). Risk is not evenly split, since AISP carries 2.7 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.
AISP vs ODYS: side by side
| AISP (Airship AI Holdings, Inc) | ODYS (Odysight.ai Inc.) | |
|---|---|---|
| 1-year return | -53.0% | -0.3% |
| 5-year return | -77.4% | -63.1% |
| Volatility (ann.) | 233.1% | 85.6% |
| Beta vs S&P 500 | 1.24 | 0.24 |
| Max drawdown (3Y) | -87.4% | -71.9% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | 3.2 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AISP | ODYS |
|---|---|---|
| 2022 | +3.0% | -37.5% |
| 2023 | -83.1% | -39.0% |
| 2024 | +268.2% | +162.3% |
| 2025 | -53.8% | -58.8% |
| 2026 | -24.6% | +15.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AISP and ODYS good diversifiers for each other?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between AISP and ODYS?
Using weekly returns as of 2026-08-27: 0.37 over 3 years, with 0.11 over the last year and 0.19 over 5 years.
Is ODYS a good diversifier for AISP?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.37 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/aisp-vs-odys.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aisp-vs-odys/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AISP correlations · ODYS correlations
