ARQQ vs IVDA: Correlation
How closely do Arqit Quantum Inc. (ARQQ) and Iveda Solutions, Inc. (IVDA) trade together? Their weekly returns over three years give a correlation of 0.48, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ARQQ and IVDA?
On 3 years of weekly data the ARQQ/IVDA correlation comes out at 0.48, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.68 versus 0.48 over 3 years. The 5-year figure is 0.37, and annualized covariance runs at 8243.7 %².
Within ARQQ's tracked universe of 16 assets, IVDA comes in at #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with ARQQ ahead by 52.4 points (-29.4% versus -81.8%).
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.
ARQQ vs IVDA: side by side
| ARQQ (Arqit Quantum Inc.) | IVDA (Iveda Solutions, Inc.) | |
|---|---|---|
| 1-year return | -29.4% | -81.8% |
| 5-year return | -91.4% | -99.2% |
| Volatility (ann.) | 135.6% | 125.9% |
| Beta vs S&P 500 | 3.18 | 1.47 |
| Max drawdown (3Y) | -86.7% | -97.4% |
| Market cap | $0.4B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ARQQ | IVDA |
|---|---|---|
| 2022 | -84.9% | -96.8% |
| 2023 | -86.9% | +12.5% |
| 2024 | +227.8% | -2.0% |
| 2025 | -43.7% | -83.0% |
| 2026 | -1.9% | -64.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARQQ and IVDA good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ARQQ and IVDA?
The ARQQ/IVDA correlation stands at 0.48 on a 3-year window (1 year: 0.68, 5 years: 0.37), computed from weekly returns as of 2026-08-27.
Is IVDA a good diversifier for ARQQ?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.48 mean?
On the −1 to +1 scale, 0.48 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/arqq-vs-ivda.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/arqq-vs-ivda/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ARQQ correlations · IVDA correlations
