IPM vs ODYS: Correlation
How closely do Intelligent Protection Management Corp. (IPM) and Odysight.ai Inc. (ODYS) trade together? Their weekly returns over three years give a correlation of -0.20, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IPM and ODYS?
Across a 3-year window, the weekly returns of IPM and ODYS correlate at -0.20, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.07) runs above the 3-year figure (-0.20). Stretching to 5 years gives -0.09, with an annualized covariance of -1177.9 %².
ODYS is close to the least connected end of IPM's tracked universe, ranking #9 of 10. On 12-month performance ODYS holds a 5.3-point edge, -5.6% against -0.3%.
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.
IPM vs ODYS: side by side
| IPM (Intelligent Protection Management Corp.) | ODYS (Odysight.ai Inc.) | |
|---|---|---|
| 1-year return | -5.6% | -0.3% |
| 5-year return | -49.5% | -63.1% |
| Volatility (ann.) | 67.6% | 85.6% |
| Beta vs S&P 500 | 0.96 | 0.24 |
| Max drawdown (3Y) | -72.7% | -71.9% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IPM | ODYS |
|---|---|---|
| 2022 | -53.5% | -37.5% |
| 2023 | +77.3% | -39.0% |
| 2024 | -15.0% | +162.3% |
| 2025 | -13.6% | -58.8% |
| 2026 | +8.1% | +15.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IPM and ODYS good diversifiers for each other?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
FAQ
What is the correlation between IPM and ODYS?
Using weekly returns as of 2026-08-27: -0.20 over 3 years, with -0.07 over the last year and -0.09 over 5 years.
Is ODYS a good diversifier for IPM?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
What does a correlation of -0.20 mean?
On the −1 to +1 scale, -0.20 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/ipm-vs-odys.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ipm-vs-odys/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: IPM correlations · ODYS correlations
