AISP vs UONE: Correlation
Airship AI Holdings, Inc (AISP) and Urban One, Inc. (UONE) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AISP and UONE?
On 3 years of weekly data the AISP/UONE correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.05) runs above the 3-year figure (-0.22). The 5-year figure is -0.17, and annualized covariance runs at -3434.9 %².
By 3-year correlation, UONE places #22 of the 29 assets tracked against AISP. Correlation aside, the last 12 months split them widely, with AISP ahead by 17.4 points (-53.0% versus -70.4%). Note the risk asymmetry: AISP runs 3.5 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 UONE: side by side
| AISP (Airship AI Holdings, Inc) | UONE (Urban One, Inc.) | |
|---|---|---|
| 1-year return | -53.0% | -70.4% |
| 5-year return | -77.4% | -93.9% |
| Volatility (ann.) | 233.1% | 67.2% |
| Beta vs S&P 500 | 1.24 | 0.97 |
| Max drawdown (3Y) | -87.4% | -91.9% |
| 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 | UONE |
|---|---|---|
| 2022 | +3.0% | -2.2% |
| 2023 | -83.1% | -11.4% |
| 2024 | +268.2% | -61.8% |
| 2025 | -53.8% | -33.1% |
| 2026 | -24.6% | -53.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AISP and UONE good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between AISP and UONE?
As of 2026-08-27, the correlation of weekly returns between AISP and UONE is -0.22 over 3 years, -0.05 over 1 year and -0.17 over 5 years.
Is UONE a good diversifier for AISP?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 mean?
A reading of -0.22 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aisp-vs-uone.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/aisp-vs-uone/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AISP correlations · UONE correlations
