AYTU vs TAOP: Correlation
Measured on weekly returns over the past three years, Aytu BioPharma, Inc. (AYTU) and Taoping Inc. (TAOP) carry a correlation of 0.33, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AYTU and TAOP?
Over the past 3 years, AYTU and TAOP moved with a correlation of 0.33, which is moderate. Lately the two have drifted apart, with the 1-year correlation at 0.10 versus 0.33 over 3 years. Over 5 years the correlation is 0.28, and the annualized covariance of weekly returns is 2542.0 %².
Among the 14 assets we track against AYTU, TAOP ranks #7 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months AYTU outperformed by 60.9 percentage points (-3.9% for AYTU against -64.8% for TAOP).
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 TAOP: side by side
| AYTU (Aytu BioPharma, Inc.) | TAOP (Taoping Inc.) | |
|---|---|---|
| 1-year return | -3.9% | -64.8% |
| 5-year return | -97.0% | -99.9% |
| Volatility (ann.) | 80.5% | 96.5% |
| Beta vs S&P 500 | 1.44 | 1.51 |
| Max drawdown (3Y) | -70.2% | -99.4% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AYTU | TAOP |
|---|---|---|
| 2022 | -85.9% | -65.6% |
| 2023 | -25.3% | -77.7% |
| 2024 | -40.1% | -71.0% |
| 2025 | +52.9% | -88.9% |
| 2026 | -13.8% | -20.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AYTU and TAOP good diversifiers for each other?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between AYTU and TAOP?
Using weekly returns as of 2026-08-27: 0.33 over 3 years, with 0.10 over the last year and 0.28 over 5 years.
Is TAOP a good diversifier for AYTU?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.33 mean?
On the −1 to +1 scale, 0.33 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.
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Related comparisons
Hubs: AYTU correlations · TAOP correlations
