KULR vs NVNI: Correlation
KULR Technology Group, Inc. (KULR) and Nvni Group Limited (NVNI) show a moderate relationship: their 3-year correlation of weekly returns is 0.49.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are KULR and NVNI?
On 3 years of weekly data the KULR/NVNI correlation comes out at 0.49, moderate. The link has loosened recently: the 1-year correlation (-0.10) runs below the 3-year figure (0.49). The 5-year figure is 0.46, and annualized covariance runs at 80227.5 %².
Among the 14 assets we track against KULR, NVNI ranks #5 by 3-year correlation. The last year tells two different stories: KULR led by 39.1 percentage points, -43.9% for KULR against -83.0% for NVNI. Risk is not evenly split, since NVNI carries 5.5 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.
KULR vs NVNI: side by side
| KULR (KULR Technology Group, Inc.) | NVNI (Nvni Group Limited) | |
|---|---|---|
| 1-year return | -43.9% | -83.0% |
| 5-year return | -84.4% | -98.9% |
| Volatility (ann.) | 172.8% | 949.3% |
| Beta vs S&P 500 | 1.92 | -4.03 |
| Max drawdown (3Y) | -94.7% | -99.3% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | KULR | NVNI |
|---|---|---|
| 2022 | -56.5% | +4.4% |
| 2023 | -84.2% | -85.4% |
| 2024 | +1768.4% | +64.4% |
| 2025 | -89.6% | -89.2% |
| 2026 | -10.1% | -60.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are KULR and NVNI good diversifiers for each other?
Reasonably. At 0.49, KULR and NVNI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between KULR and NVNI?
The KULR/NVNI correlation stands at 0.49 on a 3-year window (1 year: -0.10, 5 years: 0.46), computed from weekly returns as of 2026-08-27.
Is NVNI a good diversifier for KULR?
Reasonably. At 0.49, KULR and NVNI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.49 mean?
A reading of 0.49 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
$ curl https://www.pairbook.io/api/v1/pairs/kulr-vs-nvni.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/kulr-vs-nvni/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: KULR correlations · NVNI correlations
