IMNN vs NVTS: Correlation
Imunon, Inc. (IMNN) and Navitas Semiconductor Corporation (NVTS) show a moderate relationship: their 3-year correlation of weekly returns is 0.37.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IMNN and NVTS?
Over the past 3 years, IMNN and NVTS moved with a correlation of 0.37, which is moderate. The link has loosened recently: the 1-year correlation (0.11) runs below the 3-year figure (0.37). Over 5 years the correlation is 0.37, and the annualized covariance of weekly returns is 6614.8 %².
By 3-year correlation, NVTS places #5 of the 14 assets tracked against IMNN. Their recent paths diverged sharply: over the last 12 months NVTS outperformed by 179.7 percentage points (-73.6% for IMNN against +106.1% for NVTS).
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.
IMNN vs NVTS: side by side
| IMNN (Imunon, Inc.) | NVTS (Navitas Semiconductor Corporation) | |
|---|---|---|
| 1-year return | -73.6% | +106.1% |
| 5-year return | -99.2% | -2.3% |
| Volatility (ann.) | 144.4% | 122.7% |
| Beta vs S&P 500 | -0.09 | 2.11 |
| Max drawdown (3Y) | -96.5% | -81.8% |
| Market cap | – | $3.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IMNN | NVTS |
|---|---|---|
| 2022 | -83.3% | -79.4% |
| 2023 | -49.6% | +129.9% |
| 2024 | +39.7% | -55.8% |
| 2025 | -69.3% | +100.0% |
| 2026 | -58.0% | +75.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IMNN and NVTS good diversifiers for each other?
Reasonably. At 0.37, IMNN and NVTS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between IMNN and NVTS?
As of 2026-08-27, the correlation of weekly returns between IMNN and NVTS is 0.37 over 3 years, 0.11 over 1 year and 0.37 over 5 years.
Is NVTS a good diversifier for IMNN?
Reasonably. At 0.37, IMNN and NVTS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.37 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/imnn-vs-nvts.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/imnn-vs-nvts/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: IMNN correlations · NVTS correlations
