INUV vs JOBY: Correlation
How closely do Inuvo, Inc. (INUV) and Joby Aviation, Inc. (JOBY) trade together? Their weekly returns over three years give a correlation of 0.39, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are INUV and JOBY?
On 3 years of weekly data the INUV/JOBY correlation comes out at 0.39, moderate. Little has changed lately, as the 1-year reading of 0.42 lands near the 3-year figure. The 5-year figure is 0.33, and annualized covariance runs at 2332.5 %².
In INUV's tracked universe of 10 assets, JOBY sits right near the top at #3. The last year tells two different stories: JOBY led by 28.0 percentage points, -78.4% for INUV against -50.4% for JOBY.
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.
INUV vs JOBY: side by side
| INUV (Inuvo, Inc.) | JOBY (Joby Aviation, Inc.) | |
|---|---|---|
| 1-year return | -78.4% | -50.4% |
| 5-year return | -90.0% | -43.1% |
| Volatility (ann.) | 85.4% | 70.2% |
| Beta vs S&P 500 | 1.37 | 2.37 |
| Max drawdown (3Y) | -90.4% | -67.4% |
| Market cap | – | $7.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | INUV | JOBY |
|---|---|---|
| 2022 | -58.5% | -54.1% |
| 2023 | +95.5% | +98.5% |
| 2024 | +51.2% | +22.3% |
| 2025 | -61.8% | +62.4% |
| 2026 | -70.6% | -45.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are INUV and JOBY good diversifiers for each other?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between INUV and JOBY?
The INUV/JOBY correlation stands at 0.39 on a 3-year window (1 year: 0.42, 5 years: 0.33), computed from weekly returns as of 2026-08-27.
Is JOBY a good diversifier for INUV?
A fair diversifier. At 0.39, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.39 mean?
A reading of 0.39 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/inuv-vs-joby.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/inuv-vs-joby/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: INUV correlations · JOBY correlations
