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NIVF vs OSRH: Correlation

Measured on weekly returns over the past three years, NewGenIvf Group Limited - Class A (NIVF) and OSR Health, Inc. (OSRH) carry a correlation of -0.38, a negative link.

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

Correlation (3Y)
-0.38
negative
Correlation (1Y)
0.12
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
-30783.1
%² · weekly, annualized

How correlated are NIVF and OSRH?

Over the past 3 years, NIVF and OSRH moved with a correlation of -0.38, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.12 versus -0.38 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -30783.1 %².

Among the 37 assets we track against NIVF, OSRH sits near the bottom by co-movement, at rank #34. Their recent paths diverged sharply: over the last 12 months OSRH outperformed by 17.1 percentage points (-99.9% for NIVF against -82.8% for OSRH). Note the risk asymmetry: NIVF runs 7.9 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.

NIVF vs OSRH: side by side

NIVF (NewGenIvf Group Limited - Class A)OSRH (OSR Health, Inc.)
1-year return-99.9%-82.8%
5-year return-100.0%n/a
Volatility (ann.)800.3%100.8%
Beta vs S&P 5005.340.47
Max drawdown (3Y)-100.0%-99.0%
Market cap
P/E (trailing)0.0
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: OSRH -99.0% vs -100.0%
-100%0%+40%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). NIVF · OSRH

Year-by-year returns

YearNIVFOSRH
2023+6.9%
2024-96.3%+9.8%
2025-99.3%-95.1%
2026-98.1%-70.2%

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

Are NIVF and OSRH good diversifiers for each other?

Yes: at -0.38, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between NIVF and OSRH?

As of 2026-08-27, the correlation of weekly returns between NIVF and OSRH is -0.38 over 3 years, 0.12 over 1 year and n/a over 5 years.

Is OSRH a good diversifier for NIVF?

Yes: at -0.38, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.38 mean?

A reading of -0.38 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

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NIVF vs OSRH: 3-year weekly correlation -0.38NIVF vs OSRH-0.38

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Related comparisons

Hubs: NIVF correlations · OSRH correlations