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ALZN vs ISOU: Correlation

Alzamend Neuro, Inc. (ALZN) and IsoEnergy Ltd. (ISOU) show a moderate relationship: their 3-year correlation of weekly returns is 0.35.

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

Correlation (3Y)
0.35
moderate
Correlation (1Y)
0.24
last 12 months
Correlation (5Y)
0.25
long-run
Ann. covariance
2111.0
%² · weekly, annualized

How correlated are ALZN and ISOU?

Across a 3-year window, the weekly returns of ALZN and ISOU correlate at 0.35, moderate. The link has loosened recently: the 1-year correlation (0.24) runs below the 3-year figure (0.35). Stretching to 5 years gives 0.25, with an annualized covariance of 2111.0 %².

Among the 10 assets we track against ALZN, ISOU ranks #4 by 3-year correlation. Correlation aside, the last 12 months split them widely, with ISOU ahead by 88.3 points (-32.3% versus +56.0%).

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.

ALZN vs ISOU: side by side

ALZN (Alzamend Neuro, Inc.)ISOU (IsoEnergy Ltd.)
1-year return-32.3%+56.0%
5-year return-100.0%+42.5%
Volatility (ann.)92.3%65.5%
Beta vs S&P 5000.811.86
Max drawdown (3Y)-99.8%-69.0%
Market cap$0.8B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: ISOU -69.0% vs -99.8%Higher 5y return: ISOU +42.5% vs -100.0%
-63%0%+48%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. ALZN · ISOU

Year-by-year returns

YearALZNISOU
2022-70.3%-28.1%
2023-89.5%+31.1%
2024-87.0%-35.1%
2025-82.6%+26.0%
2026-8.5%+34.1%

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

Are ALZN and ISOU good diversifiers for each other?

A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between ALZN and ISOU?

As of 2026-08-27, the correlation of weekly returns between ALZN and ISOU is 0.35 over 3 years, 0.24 over 1 year and 0.25 over 5 years.

Is ISOU a good diversifier for ALZN?

A fair diversifier. At 0.35, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.35 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.

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ALZN vs ISOU: 3-year weekly correlation 0.35ALZN vs ISOU0.35

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Hubs: ALZN correlations · ISOU correlations