FNUC vs IVDA: Correlation
Measured on weekly returns over the past three years, Frontier Nuclear and Minerals Inc. (FNUC) and Iveda Solutions, Inc. (IVDA) carry a correlation of 0.47, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FNUC and IVDA?
On 3 years of weekly data the FNUC/IVDA correlation comes out at 0.47, moderate. The relationship has been stable: the 1-year correlation (0.42) sits close to the 3-year figure. The 5-year figure is 0.29, and annualized covariance runs at 14132.2 %².
By 3-year correlation, IVDA places #17 of the 26 assets tracked against FNUC. Their recent paths diverged sharply: over the last 12 months FNUC outperformed by 22.7 percentage points (-59.1% for FNUC against -81.8% for IVDA). One caveat on sizing: FNUC is 1.9 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
FNUC vs IVDA: side by side
| FNUC (Frontier Nuclear and Minerals Inc.) | IVDA (Iveda Solutions, Inc.) | |
|---|---|---|
| 1-year return | -59.1% | -81.8% |
| 5-year return | -99.0% | -99.2% |
| Volatility (ann.) | 237.4% | 125.9% |
| Beta vs S&P 500 | 1.55 | 1.47 |
| Max drawdown (3Y) | -94.2% | -97.4% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FNUC | IVDA |
|---|---|---|
| 2022 | -60.4% | -96.8% |
| 2023 | -48.7% | +12.5% |
| 2024 | -17.9% | -2.0% |
| 2025 | -76.0% | -83.0% |
| 2026 | -43.3% | -64.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FNUC and IVDA good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between FNUC and IVDA?
As of 2026-08-27, the correlation of weekly returns between FNUC and IVDA is 0.47 over 3 years, 0.42 over 1 year and 0.29 over 5 years.
Is IVDA a good diversifier for FNUC?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.47 mean?
On the −1 to +1 scale, 0.47 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/fnuc-vs-ivda.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/fnuc-vs-ivda/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: FNUC correlations · IVDA correlations
