IDAI vs SANA: Correlation
How closely do T Stamp Inc. (IDAI) and Sana Biotechnology, Inc. (SANA) trade together? Their weekly returns over three years give a correlation of 0.56, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IDAI and SANA?
Across a 3-year window, the weekly returns of IDAI and SANA correlate at 0.56, moderate. The past 12 months show a weaker link (0.36) than the 3-year average (0.56). Stretching to 5 years gives 0.49, with an annualized covariance of 32822.2 %².
Among the 36 assets we track against IDAI, SANA ranks #6 by 3-year correlation. On 12-month performance SANA holds a 5.9-point edge, +15.5% against +21.4%. Note the risk asymmetry: IDAI runs 4.4 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 SANA: side by side
| IDAI (T Stamp Inc.) | SANA (Sana Biotechnology, Inc.) | |
|---|---|---|
| 1-year return | +15.5% | +21.4% |
| 5-year return | -76.5% | -82.9% |
| Volatility (ann.) | 505.7% | 115.0% |
| Beta vs S&P 500 | -1.01 | 1.88 |
| Max drawdown (3Y) | -92.9% | -88.1% |
| Market cap | – | $1.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IDAI | SANA |
|---|---|---|
| 2022 | -88.0% | -74.5% |
| 2023 | -43.0% | +3.3% |
| 2024 | -35.5% | -60.0% |
| 2025 | +342.8% | +149.7% |
| 2026 | -14.3% | +0.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IDAI and SANA good diversifiers for each other?
To a limited degree. At 0.56 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 SANA?
The IDAI/SANA correlation stands at 0.56 on a 3-year window (1 year: 0.36, 5 years: 0.49), computed from weekly returns as of 2026-08-27.
Is SANA a good diversifier for IDAI?
To a limited degree. At 0.56 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 0.56 mean?
A reading of 0.56 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/idai-vs-sana.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/idai-vs-sana/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: IDAI correlations · SANA correlations
