BTOC vs IMNN: Correlation
How closely do Armlogi Holding Corp. (BTOC) and Imunon, Inc. (IMNN) trade together? Their weekly returns over three years give a correlation of -0.24, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BTOC and IMNN?
Over the past 3 years, BTOC and IMNN moved with a correlation of -0.24, which is negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.08) than the 3-year average (-0.24). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -2937.5 %².
Among the 10 assets we track against BTOC, IMNN sits near the bottom by co-movement, at rank #9. Over the last 12 months IMNN came out ahead by 6.1 percentage points (-79.7% against -73.6%). Note the risk asymmetry: IMNN runs 1.7 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.
BTOC vs IMNN: side by side
| BTOC (Armlogi Holding Corp.) | IMNN (Imunon, Inc.) | |
|---|---|---|
| 1-year return | -79.7% | -73.6% |
| 5-year return | n/a | -99.2% |
| Volatility (ann.) | 83.6% | 144.4% |
| Beta vs S&P 500 | 1.75 | -0.09 |
| Max drawdown (3Y) | -97.1% | -96.5% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BTOC | IMNN |
|---|---|---|
| 2022 | – | -83.3% |
| 2023 | – | -49.6% |
| 2024 | – | +39.7% |
| 2025 | -87.5% | -69.3% |
| 2026 | -44.6% | -58.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BTOC and IMNN good diversifiers for each other?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BTOC and IMNN?
As of 2026-08-27, the correlation of weekly returns between BTOC and IMNN is -0.24 over 3 years, 0.08 over 1 year and n/a over 5 years.
Is IMNN a good diversifier for BTOC?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.24 mean?
On the −1 to +1 scale, -0.24 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
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Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/btoc-vs-imnn/)
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Related comparisons
Hubs: BTOC correlations · IMNN correlations
