PairBook
HomeJTAI › JTAI vs WDFC

JTAI vs WDFC: Correlation

Measured on weekly returns over the past three years, Jet.AI Inc. (JTAI) and WD-40 Company (WDFC) carry a correlation of -0.23, a negative link.

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

Correlation (3Y)
-0.23
negative
Correlation (1Y)
-0.30
last 12 months
Correlation (5Y)
-0.16
long-run
Ann. covariance
-1465.6
%² · weekly, annualized

How correlated are JTAI and WDFC?

Over the past 3 years, JTAI and WDFC moved with a correlation of -0.23, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.30 over 1 year against -0.23 over 3. Over 5 years the correlation is -0.16, and the annualized covariance of weekly returns is -1465.6 %².

Among the 12 assets we track against JTAI, WDFC sits near the bottom by co-movement, at rank #9. Correlation aside, the last 12 months split them widely, with WDFC ahead by 98.3 points (-97.6% versus +0.7%). Risk is not evenly split, since JTAI carries 8.5 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 WDFC: side by side

JTAI (Jet.AI Inc.)WDFC (WD-40 Company)
1-year return-97.6%+0.7%
5-year return-100.0%+0.9%
Volatility (ann.)233.8%27.6%
Beta vs S&P 5000.550.18
Max drawdown (3Y)-100.0%-34.2%
Market cap$2.9B
P/E (trailing)0.033.3
Dividend yield0.00%1.85%
Sector / categoryUS ListedUS Listed
Lower P/E: JTAI 0.0 vs 33.3Higher yield: WDFC 1.85% vs 0.00%Smaller drawdown: WDFC -34.2% vs -100.0%Higher 5y return: WDFC +0.9% vs -100.0%
-99%0%+23%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). JTAI · WDFC

Year-by-year returns

YearJTAIWDFC
2022+5.6%-33.0%
2023-86.2%+50.9%
2024-98.6%+2.9%
2025-87.1%-17.4%
2026-85.9%+12.7%

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

Are JTAI and WDFC good diversifiers for each other?

Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between JTAI and WDFC?

As of 2026-08-27, the correlation of weekly returns between JTAI and WDFC is -0.23 over 3 years, -0.30 over 1 year and -0.16 over 5 years.

Is WDFC a good diversifier for JTAI?

Yes: at -0.23, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.23 mean?

On the −1 to +1 scale, -0.23 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

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

JTAI vs WDFC: 3-year weekly correlation -0.23JTAI vs WDFC-0.23

Drop this badge in a README or notebook; it updates with the data:

[![JTAI vs WDFC correlation](https://www.pairbook.io/api/v1/badge/jtai-vs-wdfc.svg)](https://www.pairbook.io/pair/jtai-vs-wdfc/)

No key needed, free to use. Full endpoint list in the API documentation.

Related comparisons

Hubs: JTAI correlations · WDFC correlations