AISP vs QTI: Correlation
Airship AI Holdings, Inc (AISP) and QT Imaging Holdings, Inc. (QTI) show a negative relationship: their 3-year correlation of weekly returns is -0.33.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AISP and QTI?
Across a 3-year window, the weekly returns of AISP and QTI correlate at -0.33, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.12 versus -0.33 over 3 years. Stretching to 5 years gives -0.33, with an annualized covariance of -8377.5 %².
Among the 29 assets we track against AISP, QTI sits near the bottom by co-movement, at rank #27. Their recent paths diverged sharply: over the last 12 months AISP outperformed by 38.6 percentage points (-53.0% for AISP against -91.6% for QTI). One caveat on sizing: AISP is 2.2 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 QTI: side by side
| AISP (Airship AI Holdings, Inc) | QTI (QT Imaging Holdings, Inc.) | |
|---|---|---|
| 1-year return | -53.0% | -91.6% |
| 5-year return | -77.4% | -97.9% |
| Volatility (ann.) | 233.1% | 108.2% |
| Beta vs S&P 500 | 1.24 | 0.12 |
| Max drawdown (3Y) | -87.4% | -98.6% |
| Market cap | $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 | QTI |
|---|---|---|
| 2022 | +3.0% | +3.1% |
| 2023 | -83.1% | +7.7% |
| 2024 | +268.2% | -95.6% |
| 2025 | -53.8% | -16.7% |
| 2026 | -24.6% | -48.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AISP and QTI good diversifiers for each other?
Yes: at -0.33, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AISP and QTI?
Using weekly returns as of 2026-08-27: -0.33 over 3 years, with 0.12 over the last year and -0.33 over 5 years.
Is QTI a good diversifier for AISP?
Yes: at -0.33, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.33 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-qti.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aisp-vs-qti/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AISP correlations · QTI correlations
