INLX vs PWCM: Correlation
Measured on weekly returns over the past three years, Intellinetics, Inc. (INLX) and PowerCompute, Inc. (PWCM) carry a correlation of 0.24, a weak link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are INLX and PWCM?
Across a 3-year window, the weekly returns of INLX and PWCM correlate at 0.24, weak. The link has loosened recently: the 1-year correlation (-0.01) runs below the 3-year figure (0.24). Stretching to 5 years gives 0.15, with an annualized covariance of 1634.1 %².
By 3-year correlation, PWCM places #4 of the 24 assets tracked against INLX. Correlation aside, the last 12 months split them widely, with INLX ahead by 49.7 points (-46.4% versus -96.1%). Risk is not evenly split, since PWCM carries 1.9 times the volatility of the other side.
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.
INLX vs PWCM: side by side
| INLX (Intellinetics, Inc.) | PWCM (PowerCompute, Inc.) | |
|---|---|---|
| 1-year return | -46.4% | -96.1% |
| 5-year return | +7.4% | -99.8% |
| Volatility (ann.) | 60.0% | 115.8% |
| Beta vs S&P 500 | -0.07 | 2.15 |
| Max drawdown (3Y) | -65.9% | -99.3% |
| Market cap | – | – |
| P/E (trailing) | – | 0.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | INLX | PWCM |
|---|---|---|
| 2022 | -43.5% | -88.6% |
| 2023 | +18.5% | +11.8% |
| 2024 | +171.7% | -41.9% |
| 2025 | -42.0% | -79.3% |
| 2026 | -34.2% | -88.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are INLX and PWCM good diversifiers for each other?
Reasonably. At 0.24, INLX and PWCM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between INLX and PWCM?
As of 2026-08-27, the correlation of weekly returns between INLX and PWCM is 0.24 over 3 years, -0.01 over 1 year and 0.15 over 5 years.
Is PWCM a good diversifier for INLX?
Reasonably. At 0.24, INLX and PWCM keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.24 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.
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Related comparisons
Hubs: INLX correlations · PWCM correlations
