IMCC vs IMNN: Correlation
How closely do IM Cannabis Corp. (IMCC) and Imunon, Inc. (IMNN) trade together? Their weekly returns over three years give a correlation of 0.45, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IMCC and IMNN?
Across a 3-year window, the weekly returns of IMCC and IMNN correlate at 0.45, moderate. The link has loosened recently: the 1-year correlation (0.21) runs below the 3-year figure (0.45). Stretching to 5 years gives 0.43, with an annualized covariance of 11354.0 %².
By 3-year correlation, IMNN places #4 of the 14 assets tracked against IMCC. Correlation aside, the last 12 months split them widely, with IMNN ahead by 20.6 points (-94.2% versus -73.6%).
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.
IMCC vs IMNN: side by side
| IMCC (IM Cannabis Corp.) | IMNN (Imunon, Inc.) | |
|---|---|---|
| 1-year return | -94.2% | -73.6% |
| 5-year return | -99.9% | -99.2% |
| Volatility (ann.) | 174.2% | 144.4% |
| Beta vs S&P 500 | 1.11 | -0.09 |
| Max drawdown (3Y) | -98.4% | -96.5% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IMCC | IMNN |
|---|---|---|
| 2022 | -97.1% | -83.3% |
| 2023 | -63.4% | -49.6% |
| 2024 | +8.8% | +39.7% |
| 2025 | -40.4% | -69.3% |
| 2026 | -90.6% | -58.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IMCC and IMNN good diversifiers for each other?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between IMCC and IMNN?
The IMCC/IMNN correlation stands at 0.45 on a 3-year window (1 year: 0.21, 5 years: 0.43), computed from weekly returns as of 2026-08-27.
Is IMNN a good diversifier for IMCC?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.45 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/imcc-vs-imnn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/imcc-vs-imnn/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: IMCC correlations · IMNN correlations
