DYAI vs NEXR: Correlation
Dyadic International, Inc. (DYAI) and Nexera Technologies Ltd (NEXR) show a moderate relationship: their 3-year correlation of weekly returns is 0.55.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DYAI and NEXR?
On 3 years of weekly data the DYAI/NEXR correlation comes out at 0.55, moderate. The link has loosened recently: the 1-year correlation (0.09) runs below the 3-year figure (0.55). The 5-year figure is 0.47, and annualized covariance runs at 27032.2 %².
In DYAI's tracked universe of 10 assets, NEXR sits right near the top at #1. Their recent paths diverged sharply: over the last 12 months DYAI outperformed by 68.4 percentage points (-31.3% for DYAI against -99.7% for NEXR). Risk is not evenly split, since NEXR carries 8.8 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.
DYAI vs NEXR: side by side
| DYAI (Dyadic International, Inc.) | NEXR (Nexera Technologies Ltd) | |
|---|---|---|
| 1-year return | -31.3% | -99.7% |
| 5-year return | -90.1% | n/a |
| Volatility (ann.) | 74.7% | 656.6% |
| Beta vs S&P 500 | 1.16 | 3.62 |
| Max drawdown (3Y) | -71.8% | -100.0% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DYAI | NEXR |
|---|---|---|
| 2022 | -72.8% | – |
| 2023 | +30.9% | -62.4% |
| 2024 | +8.7% | -15.7% |
| 2025 | -46.3% | -98.1% |
| 2026 | -32.0% | -98.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DYAI and NEXR good diversifiers for each other?
Only partially. A correlation of 0.55 means DYAI and NEXR share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between DYAI and NEXR?
As of 2026-08-27, the correlation of weekly returns between DYAI and NEXR is 0.55 over 3 years, 0.09 over 1 year and 0.47 over 5 years.
Is NEXR a good diversifier for DYAI?
Only partially. A correlation of 0.55 means DYAI and NEXR share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.55 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/dyai-vs-nexr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dyai-vs-nexr/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DYAI correlations · NEXR correlations
