ATOS vs INHD: Correlation
Atossa Therapeutics, Inc. (ATOS) and Inno Holdings Inc. (INHD) show a negative relationship: their 3-year correlation of weekly returns is -0.35.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ATOS and INHD?
Over the past 3 years, ATOS and INHD moved with a correlation of -0.35, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.50) than the 3-year average (-0.35). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -59739.8 %².
Out of 14 assets tracked against ATOS, INHD lands near the bottom at #13. The last year tells two different stories: ATOS led by 23.0 percentage points, -76.8% for ATOS against -99.8% for INHD. One caveat on sizing: INHD is 30.5 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.
ATOS vs INHD: side by side
| ATOS (Atossa Therapeutics, Inc.) | INHD (Inno Holdings Inc.) | |
|---|---|---|
| 1-year return | -76.8% | -99.8% |
| 5-year return | -95.0% | n/a |
| Volatility (ann.) | 73.3% | 2238.2% |
| Beta vs S&P 500 | 1.97 | -0.52 |
| Max drawdown (3Y) | -94.4% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | 0.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ATOS | INHD |
|---|---|---|
| 2022 | -66.9% | – |
| 2023 | +66.0% | – |
| 2024 | +6.8% | -67.3% |
| 2025 | -37.2% | -99.0% |
| 2026 | -70.2% | -73.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ATOS and INHD good diversifiers for each other?
By historical standards, yes. A correlation of -0.35 means the two rarely move for the same reasons.
FAQ
What is the correlation between ATOS and INHD?
Using weekly returns as of 2026-08-27: -0.35 over 3 years, with -0.50 over the last year and n/a over 5 years.
Is INHD a good diversifier for ATOS?
By historical standards, yes. A correlation of -0.35 means the two rarely move for the same reasons.
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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/atos-vs-inhd.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/atos-vs-inhd/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ATOS correlations · INHD correlations
