IVDA vs QSI: Correlation
Measured on weekly returns over the past three years, Iveda Solutions, Inc. (IVDA) and Quantum-Si Incorporated (QSI) carry a correlation of 0.53, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IVDA and QSI?
On 3 years of weekly data the IVDA/QSI correlation comes out at 0.53, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.38 versus 0.53 over 3 years. The 5-year figure is 0.35, and annualized covariance runs at 10178.1 %².
QSI is one of the assets that tracks IVDA most closely: it ranks #1 out of the 10 assets we track against IVDA. Their recent paths diverged sharply: over the last 12 months QSI outperformed by 51.0 percentage points (-81.8% for IVDA against -30.8% for QSI).
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.
IVDA vs QSI: side by side
| IVDA (Iveda Solutions, Inc.) | QSI (Quantum-Si Incorporated) | |
|---|---|---|
| 1-year return | -81.8% | -30.8% |
| 5-year return | -99.2% | -91.5% |
| Volatility (ann.) | 125.9% | 152.9% |
| Beta vs S&P 500 | 1.47 | 2.93 |
| Max drawdown (3Y) | -97.4% | -83.6% |
| Market cap | – | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | IVDA | QSI |
|---|---|---|
| 2022 | -96.8% | -76.7% |
| 2023 | +12.5% | +9.8% |
| 2024 | -2.0% | +34.3% |
| 2025 | -83.0% | -59.3% |
| 2026 | -64.6% | -27.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IVDA and QSI good diversifiers for each other?
To a limited degree. At 0.53 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 IVDA and QSI?
As of 2026-08-27, the correlation of weekly returns between IVDA and QSI is 0.53 over 3 years, 0.38 over 1 year and 0.35 over 5 years.
Is QSI a good diversifier for IVDA?
To a limited degree. At 0.53 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 0.53 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ivda-vs-qsi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ivda-vs-qsi/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: IVDA correlations · QSI correlations
