IBAC vs TII: Correlation
How closely do IB Acquisition Corp. (IBAC) and Titan Mining Corporation (TII) trade together? Their weekly returns over three years give a correlation of -0.21, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IBAC and TII?
On 3 years of weekly data the IBAC/TII correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.27) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at -44.1 %².
Among the 62 assets we track against IBAC, TII ranks #24 by 3-year correlation. The last year tells two different stories: TII led by 102.8 percentage points, +3.3% for IBAC against +106.1% for TII. One caveat on sizing: TII is 45.1 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.
IBAC vs TII: side by side
| IBAC (IB Acquisition Corp.) | TII (Titan Mining Corporation) | |
|---|---|---|
| 1-year return | +3.3% | +106.1% |
| 5-year return | n/a | +633.2% |
| Volatility (ann.) | 2.1% | 94.7% |
| Beta vs S&P 500 | -0.00 | 0.43 |
| Max drawdown (3Y) | -3.2% | -63.6% |
| Market cap | $0.1B | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IBAC | TII |
|---|---|---|
| 2022 | – | -15.7% |
| 2023 | – | -25.1% |
| 2024 | – | -19.3% |
| 2025 | +3.7% | +826.4% |
| 2026 | +3.7% | -3.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IBAC and TII good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between IBAC and TII?
The IBAC/TII correlation stands at -0.21 on a 3-year window (1 year: -0.27, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is TII a good diversifier for IBAC?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 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/ibac-vs-tii.json
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[](https://www.pairbook.io/pair/ibac-vs-tii/)
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Related comparisons
Hubs: IBAC correlations · TII correlations
