IMAX vs YIBO: Correlation
Measured on weekly returns over the past three years, Imax Corporation (IMAX) and Planet Image International Limited - Class A (YIBO) carry a correlation of 0.36, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IMAX and YIBO?
On 3 years of weekly data the IMAX/YIBO correlation comes out at 0.36, moderate. Little has changed lately, as the 1-year reading of 0.42 lands near the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 1497.7 %².
In IMAX's tracked universe of 10 assets, YIBO sits right near the top at #3. The last year tells two different stories: IMAX led by 85.3 percentage points, +79.4% for IMAX against -5.9% for YIBO. One caveat on sizing: YIBO is 2.9 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
IMAX vs YIBO: side by side
| IMAX (Imax Corporation) | YIBO (Planet Image International Limited - Class A) | |
|---|---|---|
| 1-year return | +79.4% | -5.9% |
| 5-year return | +235.1% | n/a |
| Volatility (ann.) | 37.2% | 109.6% |
| Beta vs S&P 500 | 0.17 | 0.81 |
| Max drawdown (3Y) | -32.0% | -85.6% |
| Market cap | $2.8B | $0.1B |
| P/E (trailing) | 72.1 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IMAX | YIBO |
|---|---|---|
| 2022 | -17.8% | – |
| 2023 | +2.5% | – |
| 2024 | +70.4% | – |
| 2025 | +44.4% | -72.1% |
| 2026 | +40.5% | +26.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IMAX and YIBO good diversifiers for each other?
Reasonably. At 0.36, IMAX and YIBO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between IMAX and YIBO?
As of 2026-08-27, the correlation of weekly returns between IMAX and YIBO is 0.36 over 3 years, 0.42 over 1 year and n/a over 5 years.
Is YIBO a good diversifier for IMAX?
Reasonably. At 0.36, IMAX and YIBO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.36 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/imax-vs-yibo.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/imax-vs-yibo/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: IMAX correlations · YIBO correlations
