JTAI vs SLND: Correlation
Measured on weekly returns over the past three years, Jet.AI Inc. (JTAI) and Southland Holdings, Inc. (SLND) carry a correlation of 0.44, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are JTAI and SLND?
On 3 years of weekly data the JTAI/SLND correlation comes out at 0.44, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.64 versus 0.44 over 3 years. The 5-year figure is 0.43, and annualized covariance runs at 8274.2 %².
Among the 12 assets we track against JTAI, SLND ranks #4 by 3-year correlation. On 12-month performance SLND holds a 13.6-point edge, -97.6% against -84.0%. Risk is not evenly split, since JTAI carries 2.9 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.
JTAI vs SLND: side by side
| JTAI (Jet.AI Inc.) | SLND (Southland Holdings, Inc.) | |
|---|---|---|
| 1-year return | -97.6% | -84.0% |
| 5-year return | -100.0% | -93.4% |
| Volatility (ann.) | 233.8% | 80.0% |
| Beta vs S&P 500 | 0.55 | 0.62 |
| Max drawdown (3Y) | -100.0% | -92.3% |
| Market cap | – | – |
| P/E (trailing) | 0.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | JTAI | SLND |
|---|---|---|
| 2022 | +5.6% | +2.9% |
| 2023 | -86.2% | -49.5% |
| 2024 | -98.6% | -37.0% |
| 2025 | -87.1% | +2.2% |
| 2026 | -85.9% | -80.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are JTAI and SLND good diversifiers for each other?
Reasonably. At 0.44, JTAI and SLND keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between JTAI and SLND?
Using weekly returns as of 2026-08-27: 0.44 over 3 years, with 0.64 over the last year and 0.43 over 5 years.
Is SLND a good diversifier for JTAI?
Reasonably. At 0.44, JTAI and SLND keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.44 mean?
A reading of 0.44 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: JTAI correlations · SLND correlations
