IMNN vs SBET: Correlation
Imunon, Inc. (IMNN) and Sharplink, Inc. (SBET) show a moderate relationship: their 3-year correlation of weekly returns is 0.52.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IMNN and SBET?
On 3 years of weekly data the IMNN/SBET correlation comes out at 0.52, moderate. The link has loosened recently: the 1-year correlation (0.38) runs below the 3-year figure (0.52). The 5-year figure is 0.51, and annualized covariance runs at 46451.0 %².
SBET is one of the assets that tracks IMNN most closely: it ranks #1 out of the 14 assets we track against IMNN. The last year tells two different stories: SBET led by 19.7 percentage points, -73.6% for IMNN against -53.9% for SBET. Note the risk asymmetry: SBET runs 4.3 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 SBET: side by side
| IMNN (Imunon, Inc.) | SBET (Sharplink, Inc.) | |
|---|---|---|
| 1-year return | -73.6% | -53.9% |
| 5-year return | -99.2% | -98.8% |
| Volatility (ann.) | 144.4% | 616.8% |
| Beta vs S&P 500 | -0.09 | 3.10 |
| Max drawdown (3Y) | -96.5% | -94.2% |
| Market cap | – | $1.9B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IMNN | SBET |
|---|---|---|
| 2022 | -83.3% | -88.3% |
| 2023 | -49.6% | -51.6% |
| 2024 | +39.7% | -57.3% |
| 2025 | -69.3% | +16.4% |
| 2026 | -58.0% | -0.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IMNN and SBET good diversifiers for each other?
To a limited degree. At 0.52 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between IMNN and SBET?
The IMNN/SBET correlation stands at 0.52 on a 3-year window (1 year: 0.38, 5 years: 0.51), computed from weekly returns as of 2026-08-27.
Is SBET a good diversifier for IMNN?
To a limited degree. At 0.52 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.52 mean?
On the −1 to +1 scale, 0.52 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: IMNN correlations · SBET correlations
