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IVF vs PODC: Correlation

How closely do INVO Fertility, Inc. (IVF) and PodcastOne, Inc. (PODC) trade together? Their weekly returns over three years give a correlation of 0.30, which is moderate.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.30
moderate
Correlation (1Y)
0.20
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
3530.7
%² · weekly, annualized

How correlated are IVF and PODC?

On 3 years of weekly data the IVF/PODC correlation comes out at 0.30, moderate. The relationship has been stable: the 1-year correlation (0.20) sits close to the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 3530.7 %².

Within IVF's tracked universe of 14 assets, PODC comes in at #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with PODC ahead by 166.9 points (-97.5% versus +69.4%). Risk is not evenly split, since IVF 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.

IVF vs PODC: side by side

IVF (INVO Fertility, Inc.)PODC (PodcastOne, Inc.)
1-year return-97.5%+69.4%
5-year return-100.0%n/a
Volatility (ann.)150.4%79.0%
Beta vs S&P 500-0.550.70
Max drawdown (3Y)-100.0%-74.5%
Market cap$0.1B
P/E (trailing)0.0
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: PODC -74.5% vs -100.0%
-97%0%+227%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). IVF · PODC

Year-by-year returns

YearIVFPODC
2022-87.3%
2023-84.1%
2024-40.0%+16.8%
2025-99.7%+14.4%
2026-72.6%+9.7%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are IVF and PODC good diversifiers for each other?

Yes, to a useful degree: a correlation of 0.30 leaves real independence between the two, which historically damped combined volatility.

FAQ

What is the correlation between IVF and PODC?

As of 2026-08-27, the correlation of weekly returns between IVF and PODC is 0.30 over 3 years, 0.20 over 1 year and n/a over 5 years.

Is PODC a good diversifier for IVF?

Yes, to a useful degree: a correlation of 0.30 leaves real independence between the two, which historically damped combined volatility.

What does a correlation of 0.30 mean?

A reading of 0.30 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/ivf-vs-podc.json

IVF vs PODC: 3-year weekly correlation 0.30IVF vs PODC0.30

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Related comparisons

Hubs: IVF correlations · PODC correlations