AMOD vs NVNI: Correlation
Measured on weekly returns over the past three years, Alpha Modus Holdings, Inc. (AMOD) and Nvni Group Limited (NVNI) carry a correlation of -0.34, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AMOD and NVNI?
Across a 3-year window, the weekly returns of AMOD and NVNI correlate at -0.34, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.00 versus -0.34 over 3 years. Stretching to 5 years gives -0.34, with an annualized covariance of -31138.0 %².
NVNI is close to the least connected end of AMOD's tracked universe, ranking #10 of 10. On 12-month performance NVNI holds a 10.5-point edge, -93.5% against -83.0%. Note the risk asymmetry: NVNI runs 9.8 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.
AMOD vs NVNI: side by side
| AMOD (Alpha Modus Holdings, Inc.) | NVNI (Nvni Group Limited) | |
|---|---|---|
| 1-year return | -93.5% | -83.0% |
| 5-year return | -99.3% | -98.9% |
| Volatility (ann.) | 96.6% | 949.3% |
| Beta vs S&P 500 | 1.12 | -4.03 |
| Max drawdown (3Y) | -99.5% | -99.3% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AMOD | NVNI |
|---|---|---|
| 2022 | +3.2% | +4.4% |
| 2023 | +7.0% | -85.4% |
| 2024 | -72.2% | +64.4% |
| 2025 | -84.7% | -89.2% |
| 2026 | -84.6% | -60.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AMOD and NVNI good diversifiers for each other?
Yes. With a correlation of -0.34, AMOD and NVNI have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between AMOD and NVNI?
The AMOD/NVNI correlation stands at -0.34 on a 3-year window (1 year: 0.00, 5 years: -0.34), computed from weekly returns as of 2026-08-27.
Is NVNI a good diversifier for AMOD?
Yes. With a correlation of -0.34, AMOD and NVNI have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.34 mean?
On the −1 to +1 scale, -0.34 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/amod-vs-nvni.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/amod-vs-nvni/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AMOD correlations · NVNI correlations
