AYTU vs NAKA: Correlation
Aytu BioPharma, Inc. (AYTU) and Nakamoto Inc. (NAKA) show a moderate relationship: their 3-year correlation of weekly returns is 0.43.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AYTU and NAKA?
Over the past 3 years, AYTU and NAKA moved with a correlation of 0.43, which is moderate. The past 12 months show a weaker link (0.02) than the 3-year average (0.43). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 7020.7 %².
Few assets follow AYTU as closely as NAKA, which ranks #3 of 14 tracked partners. Their recent paths diverged sharply: over the last 12 months AYTU outperformed by 93.0 percentage points (-3.9% for AYTU against -96.9% for NAKA). Risk is not evenly split, since NAKA carries 2.9 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.
AYTU vs NAKA: side by side
| AYTU (Aytu BioPharma, Inc.) | NAKA (Nakamoto Inc.) | |
|---|---|---|
| 1-year return | -3.9% | -96.9% |
| 5-year return | -97.0% | n/a |
| Volatility (ann.) | 80.5% | 231.2% |
| Beta vs S&P 500 | 1.44 | 4.09 |
| Max drawdown (3Y) | -70.2% | -99.7% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AYTU | NAKA |
|---|---|---|
| 2022 | -85.9% | – |
| 2023 | -25.3% | – |
| 2024 | -40.1% | – |
| 2025 | +52.9% | -71.7% |
| 2026 | -13.8% | -44.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AYTU and NAKA good diversifiers for each other?
Reasonably. At 0.43, AYTU and NAKA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between AYTU and NAKA?
Using weekly returns as of 2026-08-27: 0.43 over 3 years, with 0.02 over the last year and n/a over 5 years.
Is NAKA a good diversifier for AYTU?
Reasonably. At 0.43, AYTU and NAKA keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.43 mean?
A reading of 0.43 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aytu-vs-naka.json
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Related comparisons
Hubs: AYTU correlations · NAKA correlations
