DTSS vs NNOX: Correlation
Datasea Intelligent Technology Ltd. - Class A (DTSS) and NANO-X IMAGING LTD (NNOX) show a strong relationship: their 3-year correlation of weekly returns is 0.69.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DTSS and NNOX?
Across a 3-year window, the weekly returns of DTSS and NNOX correlate at 0.69, strong. The link has loosened recently: the 1-year correlation (0.08) runs below the 3-year figure (0.69). Stretching to 5 years gives 0.50, with an annualized covariance of 15320.2 %².
Few assets follow DTSS as closely as NNOX, which ranks #3 of 10 tracked partners. The trailing year gives DTSS the advantage: -66.5% versus -78.6%, a 12.1-point spread. Risk is not evenly split, since DTSS carries 1.9 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.
DTSS vs NNOX: side by side
| DTSS (Datasea Intelligent Technology Ltd. - Class A) | NNOX (NANO-X IMAGING LTD) | |
|---|---|---|
| 1-year return | -66.5% | -78.6% |
| 5-year return | -97.7% | -96.5% |
| Volatility (ann.) | 206.7% | 106.8% |
| Beta vs S&P 500 | 1.21 | 1.70 |
| Max drawdown (3Y) | -93.3% | -93.5% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DTSS | NNOX |
|---|---|---|
| 2022 | -3.8% | -49.2% |
| 2023 | -84.3% | -13.7% |
| 2024 | -35.0% | +13.0% |
| 2025 | -71.4% | -61.1% |
| 2026 | +10.1% | -69.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DTSS and NNOX good diversifiers for each other?
To a limited degree. At 0.69 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between DTSS and NNOX?
Using weekly returns as of 2026-08-27: 0.69 over 3 years, with 0.08 over the last year and 0.50 over 5 years.
Is NNOX a good diversifier for DTSS?
To a limited degree. At 0.69 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.69 mean?
On the −1 to +1 scale, 0.69 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/dtss-vs-nnox.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dtss-vs-nnox/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DTSS correlations · NNOX correlations
