IDAI vs JXG: Correlation
How closely do T Stamp Inc. (IDAI) and JX Luxventure Group Inc. (JXG) trade together? Their weekly returns over three years give a correlation of 0.71, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IDAI and JXG?
Over the past 3 years, IDAI and JXG moved with a correlation of 0.71, which is strong. The past 12 months show a weaker link (0.09) than the 3-year average (0.71). Over 5 years the correlation is 0.60, and the annualized covariance of weekly returns is 59912.9 %².
JXG is one of the assets that tracks IDAI most closely: it ranks #3 out of the 36 assets we track against IDAI. Their recent paths diverged sharply: over the last 12 months IDAI outperformed by 57.3 percentage points (+15.5% for IDAI against -41.8% for JXG). Risk is not evenly split, since IDAI carries 3.0 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.
IDAI vs JXG: side by side
| IDAI (T Stamp Inc.) | JXG (JX Luxventure Group Inc.) | |
|---|---|---|
| 1-year return | +15.5% | -41.8% |
| 5-year return | -76.5% | -98.5% |
| Volatility (ann.) | 505.7% | 167.5% |
| Beta vs S&P 500 | -1.01 | -0.19 |
| Max drawdown (3Y) | -92.9% | -94.0% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IDAI | JXG |
|---|---|---|
| 2022 | -88.0% | -63.7% |
| 2023 | -43.0% | -83.8% |
| 2024 | -35.5% | -19.5% |
| 2025 | +342.8% | -62.6% |
| 2026 | -14.3% | +48.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IDAI and JXG good diversifiers for each other?
To a limited degree. At 0.71 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between IDAI and JXG?
As of 2026-08-27, the correlation of weekly returns between IDAI and JXG is 0.71 over 3 years, 0.09 over 1 year and 0.60 over 5 years.
Is JXG a good diversifier for IDAI?
To a limited degree. At 0.71 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.71 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/idai-vs-jxg.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/idai-vs-jxg/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: IDAI correlations · JXG correlations
