ALZN vs VVR: Correlation
How closely do Alzamend Neuro, Inc. (ALZN) and Invesco Senior Income Trust (VVR) trade together? Their weekly returns over three years give a correlation of -0.23, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ALZN and VVR?
On 3 years of weekly data the ALZN/VVR correlation comes out at -0.23, negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.11) than the 3-year average (-0.23). The 5-year figure is -0.11, and annualized covariance runs at -324.2 %².
Out of 10 assets tracked against ALZN, VVR lands near the bottom at #9. Correlation aside, the last 12 months split them widely, with VVR ahead by 24.0 points (-32.3% versus -8.3%). Risk is not evenly split, since ALZN carries 6.2 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.
ALZN vs VVR: side by side
| ALZN (Alzamend Neuro, Inc.) | VVR (Invesco Senior Income Trust) | |
|---|---|---|
| 1-year return | -32.3% | -8.3% |
| 5-year return | -100.0% | +22.0% |
| Volatility (ann.) | 92.3% | 15.0% |
| Beta vs S&P 500 | 0.81 | 0.32 |
| Max drawdown (3Y) | -99.8% | -19.5% |
| Market cap | – | $0.4B |
| P/E (trailing) | – | 32.3 |
| Dividend yield | 0.00% | 15.51% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ALZN | VVR |
|---|---|---|
| 2022 | -70.3% | -1.1% |
| 2023 | -89.5% | +20.9% |
| 2024 | -87.0% | +9.0% |
| 2025 | -82.6% | -6.2% |
| 2026 | -8.5% | -3.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ALZN and VVR good diversifiers for each other?
Yes. With a correlation of -0.23, ALZN and VVR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ALZN and VVR?
The ALZN/VVR correlation stands at -0.23 on a 3-year window (1 year: 0.11, 5 years: -0.11), computed from weekly returns as of 2026-08-27.
Is VVR a good diversifier for ALZN?
Yes. With a correlation of -0.23, ALZN and VVR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.23 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/alzn-vs-vvr.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/alzn-vs-vvr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ALZN correlations · VVR correlations
