HIND vs NYC: Correlation
Vyome Holdings, Inc. (HIND) and American Strategic Investment Co. (NYC) show a negative relationship: their 3-year correlation of weekly returns is -0.24.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HIND and NYC?
On 3 years of weekly data the HIND/NYC correlation comes out at -0.24, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.34 versus -0.24 over 3 years. The 5-year figure is 0.07, and annualized covariance runs at -1517.2 %².
Among the 12 assets we track against HIND, NYC sits near the bottom by co-movement, at rank #9. Their recent paths diverged sharply: over the last 12 months NYC outperformed by 39.6 percentage points (-79.2% for HIND against -39.6% for NYC). Risk is not evenly split, since HIND carries 1.8 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.
HIND vs NYC: side by side
| HIND (Vyome Holdings, Inc.) | NYC (American Strategic Investment Co.) | |
|---|---|---|
| 1-year return | -79.2% | -39.6% |
| 5-year return | -100.0% | -9.2% |
| Volatility (ann.) | 107.5% | 59.5% |
| Beta vs S&P 500 | 1.58 | 0.56 |
| Max drawdown (3Y) | -100.0% | -60.0% |
| Market cap | – | – |
| P/E (trailing) | – | 1.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HIND | NYC |
|---|---|---|
| 2022 | -91.8% | -80.8% |
| 2023 | -96.3% | +350.3% |
| 2024 | -69.2% | +6.5% |
| 2025 | -99.2% | -2.4% |
| 2026 | -35.8% | -21.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HIND and NYC good diversifiers for each other?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
FAQ
What is the correlation between HIND and NYC?
Using weekly returns as of 2026-08-27: -0.24 over 3 years, with -0.34 over the last year and 0.07 over 5 years.
Is NYC a good diversifier for HIND?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
What does a correlation of -0.24 mean?
A reading of -0.24 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/hind-vs-nyc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/hind-vs-nyc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: HIND correlations · NYC correlations
