NIVF vs ODYS: Correlation
Measured on weekly returns over the past three years, NewGenIvf Group Limited - Class A (NIVF) and Odysight.ai Inc. (ODYS) carry a correlation of -0.24, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NIVF and ODYS?
On 3 years of weekly data the NIVF/ODYS correlation comes out at -0.24, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (0.08) runs above the 3-year figure (-0.24). The 5-year figure is -0.13, and annualized covariance runs at -16646.7 %².
Within NIVF's tracked universe of 37 assets, ODYS comes in at #25 by 3-year correlation. Correlation aside, the last 12 months split them widely, with ODYS ahead by 99.6 points (-99.9% versus -0.3%). Risk is not evenly split, since NIVF carries 9.3 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.
NIVF vs ODYS: side by side
| NIVF (NewGenIvf Group Limited - Class A) | ODYS (Odysight.ai Inc.) | |
|---|---|---|
| 1-year return | -99.9% | -0.3% |
| 5-year return | -100.0% | -63.1% |
| Volatility (ann.) | 800.3% | 85.6% |
| Beta vs S&P 500 | 5.34 | 0.24 |
| Max drawdown (3Y) | -100.0% | -71.9% |
| Market cap | – | $0.1B |
| P/E (trailing) | 0.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NIVF | ODYS |
|---|---|---|
| 2022 | – | -37.5% |
| 2023 | +6.9% | -39.0% |
| 2024 | -96.3% | +162.3% |
| 2025 | -99.3% | -58.8% |
| 2026 | -98.1% | +15.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NIVF and ODYS good diversifiers for each other?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between NIVF and ODYS?
The NIVF/ODYS correlation stands at -0.24 on a 3-year window (1 year: 0.08, 5 years: -0.13), computed from weekly returns as of 2026-08-27.
Is ODYS a good diversifier for NIVF?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.24 mean?
A reading of -0.24 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/nivf-vs-odys.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/nivf-vs-odys/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: NIVF correlations · ODYS correlations
