IFBD vs STEX: Correlation
Measured on weekly returns over the past three years, Infobird Co., Ltd (IFBD) and Streamex Corp. (STEX) carry a correlation of -0.21, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IFBD and STEX?
Over the past 3 years, IFBD and STEX moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.01 versus -0.21 over 3 years. Over 5 years the correlation is -0.13, and the annualized covariance of weekly returns is -5887.7 %².
Among the 14 assets we track against IFBD, STEX ranks #9 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months IFBD outperformed by 70.2 percentage points (-12.5% for IFBD against -82.7% for STEX).
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.
IFBD vs STEX: side by side
| IFBD (Infobird Co., Ltd) | STEX (Streamex Corp.) | |
|---|---|---|
| 1-year return | -12.5% | -82.7% |
| 5-year return | -100.0% | -97.3% |
| Volatility (ann.) | 145.7% | 188.3% |
| Beta vs S&P 500 | 0.85 | 1.71 |
| Max drawdown (3Y) | -98.4% | -96.0% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IFBD | STEX |
|---|---|---|
| 2022 | -88.9% | -81.2% |
| 2023 | -97.8% | +13.1% |
| 2024 | -78.4% | -68.6% |
| 2025 | -57.9% | +103.4% |
| 2026 | -4.3% | -72.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IFBD and STEX 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 IFBD and STEX?
As of 2026-08-27, the correlation of weekly returns between IFBD and STEX is -0.21 over 3 years, -0.01 over 1 year and -0.13 over 5 years.
Is STEX a good diversifier for IFBD?
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.
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Related comparisons
Hubs: IFBD correlations · STEX correlations
