ELPW vs INUV: Correlation
How closely do Elong Power Holding Limited - Class A (ELPW) and Inuvo, Inc. (INUV) trade together? Their weekly returns over three years give a correlation of -0.20, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ELPW and INUV?
On 3 years of weekly data the ELPW/INUV correlation comes out at -0.20, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.33) runs below the 3-year figure (-0.20). The 5-year figure is n/a, and annualized covariance runs at -55565.9 %².
By 3-year correlation, INUV places #24 of the 30 assets tracked against ELPW. The last year tells two different stories: INUV led by 20.6 percentage points, -99.0% for ELPW against -78.4% for INUV. Note the risk asymmetry: ELPW runs 39.0 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.
ELPW vs INUV: side by side
| ELPW (Elong Power Holding Limited - Class A) | INUV (Inuvo, Inc.) | |
|---|---|---|
| 1-year return | -99.0% | -78.4% |
| 5-year return | n/a | -90.0% |
| Volatility (ann.) | 3332.8% | 85.4% |
| Beta vs S&P 500 | 3.98 | 1.37 |
| Max drawdown (3Y) | -100.0% | -90.4% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ELPW | INUV |
|---|---|---|
| 2022 | – | -58.5% |
| 2023 | – | +95.5% |
| 2024 | -87.5% | +51.2% |
| 2025 | -91.4% | -61.8% |
| 2026 | -97.4% | -70.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ELPW and INUV good diversifiers for each other?
Yes. With a correlation of -0.20, ELPW and INUV have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ELPW and INUV?
As of 2026-08-27, the correlation of weekly returns between ELPW and INUV is -0.20 over 3 years, -0.33 over 1 year and n/a over 5 years.
Is INUV a good diversifier for ELPW?
Yes. With a correlation of -0.20, ELPW and INUV have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.20 mean?
On the −1 to +1 scale, -0.20 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/elpw-vs-inuv.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/elpw-vs-inuv/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ELPW correlations · INUV correlations
