JTAI vs PNR: Correlation
Measured on weekly returns over the past three years, Jet.AI Inc. (JTAI) and Pentair (PNR) carry a correlation of -0.25, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JTAI and PNR?
On 3 years of weekly data the JTAI/PNR correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.58 versus -0.25 over 3 years. The 5-year figure is -0.19, and annualized covariance runs at -1647.4 %².
Out of 12 assets tracked against JTAI, PNR lands near the bottom at #10. The last year tells two different stories: PNR led by 55.1 percentage points, -97.6% for JTAI against -42.5% for PNR. Note the risk asymmetry: JTAI runs 8.3 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
JTAI vs PNR: side by side
| JTAI (Jet.AI Inc.) | PNR (Pentair) | |
|---|---|---|
| 1-year return | -97.6% | -42.5% |
| 5-year return | -100.0% | -14.1% |
| Volatility (ann.) | 233.8% | 28.2% |
| Beta vs S&P 500 | 0.55 | 1.07 |
| Max drawdown (3Y) | -100.0% | -45.0% |
| Market cap | – | $9.9B |
| P/E (trailing) | 0.0 | 16.2 |
| Dividend yield | 0.00% | 1.65% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | JTAI | PNR |
|---|---|---|
| 2022 | +5.6% | -37.4% |
| 2023 | -86.2% | +64.2% |
| 2024 | -98.6% | +40.0% |
| 2025 | -87.1% | +4.5% |
| 2026 | -85.9% | -39.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JTAI and PNR good diversifiers for each other?
Yes. With a correlation of -0.25, JTAI and PNR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between JTAI and PNR?
As of 2026-08-27, the correlation of weekly returns between JTAI and PNR is -0.25 over 3 years, -0.58 over 1 year and -0.19 over 5 years.
Is PNR a good diversifier for JTAI?
Yes. With a correlation of -0.25, JTAI and PNR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.25 mean?
On the −1 to +1 scale, -0.25 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/jtai-vs-pnr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/jtai-vs-pnr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: JTAI correlations · PNR correlations
