INHD vs TOMZ: Correlation
Measured on weekly returns over the past three years, Inno Holdings Inc. (INHD) and TOMI Environmental Solutions, Inc. (TOMZ) carry a correlation of -0.29, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are INHD and TOMZ?
Across a 3-year window, the weekly returns of INHD and TOMZ correlate at -0.29, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.50) runs below the 3-year figure (-0.29). Stretching to 5 years gives n/a, with an annualized covariance of -42779.0 %².
Among the 25 assets we track against INHD, TOMZ ranks #19 by 3-year correlation. The last year tells two different stories: TOMZ led by 70.9 percentage points, -99.8% for INHD against -28.9% for TOMZ. Note the risk asymmetry: INHD runs 32.5 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.
INHD vs TOMZ: side by side
| INHD (Inno Holdings Inc.) | TOMZ (TOMI Environmental Solutions, Inc.) | |
|---|---|---|
| 1-year return | -99.8% | -28.9% |
| 5-year return | n/a | -66.5% |
| Volatility (ann.) | 2238.2% | 68.9% |
| Beta vs S&P 500 | -0.52 | 1.00 |
| Max drawdown (3Y) | -100.0% | -61.6% |
| Market cap | – | – |
| P/E (trailing) | 0.2 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | INHD | TOMZ |
|---|---|---|
| 2022 | – | -70.3% |
| 2023 | – | +106.1% |
| 2024 | -67.3% | +4.0% |
| 2025 | -99.0% | -25.7% |
| 2026 | -73.7% | -24.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are INHD and TOMZ good diversifiers for each other?
Yes. With a correlation of -0.29, INHD and TOMZ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between INHD and TOMZ?
As of 2026-08-27, the correlation of weekly returns between INHD and TOMZ is -0.29 over 3 years, -0.50 over 1 year and n/a over 5 years.
Is TOMZ a good diversifier for INHD?
Yes. With a correlation of -0.29, INHD and TOMZ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.29 mean?
On the −1 to +1 scale, -0.29 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/inhd-vs-tomz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/inhd-vs-tomz/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: INHD correlations · TOMZ correlations
