IDAI vs UNF: Correlation
T Stamp Inc. (IDAI) and Unifirst Corporation (UNF) show a moderate relationship: their 3-year correlation of weekly returns is 0.44.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IDAI and UNF?
On 3 years of weekly data the IDAI/UNF correlation comes out at 0.44, moderate. The link has loosened recently: the 1-year correlation (-0.04) runs below the 3-year figure (0.44). The 5-year figure is 0.40, and annualized covariance runs at 7583.3 %².
Among the 36 assets we track against IDAI, UNF ranks #9 by 3-year correlation. Correlation aside, the last 12 months split them widely, with UNF ahead by 46.8 points (+15.5% versus +62.3%). Risk is not evenly split, since IDAI carries 15.0 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 UNF: side by side
| IDAI (T Stamp Inc.) | UNF (Unifirst Corporation) | |
|---|---|---|
| 1-year return | +15.5% | +62.3% |
| 5-year return | -76.5% | +28.9% |
| Volatility (ann.) | 505.7% | 33.8% |
| Beta vs S&P 500 | -1.01 | 0.52 |
| Max drawdown (3Y) | -92.9% | -34.6% |
| Market cap | – | $5.2B |
| P/E (trailing) | – | 45.4 |
| Dividend yield | 0.00% | 0.50% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IDAI | UNF |
|---|---|---|
| 2022 | -88.0% | -7.6% |
| 2023 | -43.0% | -4.6% |
| 2024 | -35.5% | -5.7% |
| 2025 | +342.8% | +13.6% |
| 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 UNF good diversifiers for each other?
Reasonably. At 0.44, IDAI and UNF keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between IDAI and UNF?
As of 2026-08-27, the correlation of weekly returns between IDAI and UNF is 0.44 over 3 years, -0.04 over 1 year and 0.40 over 5 years.
Is UNF a good diversifier for IDAI?
Reasonably. At 0.44, IDAI and UNF keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.44 mean?
On the −1 to +1 scale, 0.44 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/idai-vs-unf.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/idai-vs-unf/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: IDAI correlations · UNF correlations
