IBM vs JTAI: Correlation
IBM (IBM) and Jet.AI Inc. (JTAI) show a negative relationship: their 3-year correlation of weekly returns is -0.26.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IBM and JTAI?
Over the past 3 years, IBM and JTAI moved with a correlation of -0.26, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.41 versus -0.26 over 3 years. Over 5 years the correlation is -0.23, and the annualized covariance of weekly returns is -2084.8 %².
Among the 28 assets we track against IBM, JTAI sits near the bottom by co-movement, at rank #26. Correlation aside, the last 12 months split them widely, with IBM ahead by 97.7 points (+0.1% versus -97.6%). Risk is not evenly split, since JTAI carries 6.7 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.
IBM vs JTAI: side by side
| IBM (IBM) | JTAI (Jet.AI Inc.) | |
|---|---|---|
| 1-year return | +0.1% | -97.6% |
| 5-year return | +117.6% | -100.0% |
| Volatility (ann.) | 34.7% | 233.8% |
| Beta vs S&P 500 | 0.78 | 0.55 |
| Max drawdown (3Y) | -37.5% | -100.0% |
| Market cap | $225.0B | – |
| P/E (trailing) | 20.4 | 0.0 |
| Dividend yield | 2.93% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | IBM | JTAI |
|---|---|---|
| 2022 | +10.6% | +5.6% |
| 2023 | +21.8% | -86.2% |
| 2024 | +39.3% | -98.6% |
| 2025 | +38.2% | -87.1% |
| 2026 | -17.7% | -85.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IBM and JTAI good diversifiers for each other?
Yes. With a correlation of -0.26, IBM and JTAI have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between IBM and JTAI?
The IBM/JTAI correlation stands at -0.26 on a 3-year window (1 year: -0.41, 5 years: -0.23), computed from weekly returns as of 2026-08-27.
Is JTAI a good diversifier for IBM?
Yes. With a correlation of -0.26, IBM and JTAI have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.26 mean?
A reading of -0.26 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
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Related comparisons
Hubs: IBM correlations · JTAI correlations
