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ALIT vs NHTC: Correlation

How closely do Alight, Inc. (ALIT) and Natural Health Trends Corp. (NHTC) trade together? Their weekly returns over three years give a correlation of 0.30, which is moderate.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.30
moderate
Correlation (1Y)
0.42
last 12 months
Correlation (5Y)
0.33
long-run
Ann. covariance
797.8
%² · weekly, annualized

How correlated are ALIT and NHTC?

On 3 years of weekly data the ALIT/NHTC correlation comes out at 0.30, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.42 versus 0.30 over 3 years. The 5-year figure is 0.33, and annualized covariance runs at 797.8 %².

NHTC is close to the least connected end of ALIT's tracked universe, ranking #8 of 12. Their recent paths diverged sharply: over the last 12 months NHTC outperformed by 25.1 percentage points (-81.3% for ALIT against -56.2% for NHTC). One caveat on sizing: ALIT is 1.6 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.

ALIT vs NHTC: side by side

ALIT (Alight, Inc.)NHTC (Natural Health Trends Corp.)
1-year return-81.3%-56.2%
5-year return-93.1%-50.8%
Volatility (ann.)66.0%40.5%
Beta vs S&P 5001.490.59
Max drawdown (3Y)-95.0%-71.7%
Market cap$0.5B
P/E (trailing)
Dividend yield11.17%35.09%
Sector / categoryUS ListedUS Listed
Higher yield: NHTC 35.09% vs 11.17%Smaller drawdown: NHTC -71.7% vs -95.0%Higher 5y return: NHTC -50.8% vs -93.1%
-85%0%+2%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. ALIT · NHTC

Year-by-year returns

YearALITNHTC
2022-22.7%-42.1%
2023+2.0%+96.2%
2024-18.5%-11.5%
2025-70.6%-20.5%
2026-63.6%-41.3%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are ALIT and NHTC good diversifiers for each other?

A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between ALIT and NHTC?

The ALIT/NHTC correlation stands at 0.30 on a 3-year window (1 year: 0.42, 5 years: 0.33), computed from weekly returns as of 2026-08-27.

Is NHTC a good diversifier for ALIT?

A fair diversifier. At 0.30, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.30 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/alit-vs-nhtc.json

ALIT vs NHTC: 3-year weekly correlation 0.30ALIT vs NHTC0.30

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Related comparisons

Hubs: ALIT correlations · NHTC correlations