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NIVF vs TTD: Correlation

Measured on weekly returns over the past three years, NewGenIvf Group Limited - Class A (NIVF) and Trade Desk (The) (TTD) carry a correlation of -0.26, a negative link.

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

Correlation (3Y)
-0.26
negative
Correlation (1Y)
0.09
last 12 months
Correlation (5Y)
-0.21
long-run
Ann. covariance
-12503.6
%² · weekly, annualized

How correlated are NIVF and TTD?

On 3 years of weekly data the NIVF/TTD correlation comes out at -0.26, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.09 versus -0.26 over 3 years. The 5-year figure is -0.21, and annualized covariance runs at -12503.6 %².

By 3-year correlation, TTD places #26 of the 37 assets tracked against NIVF. Correlation aside, the last 12 months split them widely, with TTD ahead by 25.4 points (-99.9% versus -74.5%). One caveat on sizing: NIVF is 13.2 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.

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 TTD: side by side

NIVF (NewGenIvf Group Limited - Class A)TTD (Trade Desk (The))
1-year return-99.9%-74.5%
5-year return-100.0%-83.4%
Volatility (ann.)800.3%60.7%
Beta vs S&P 5005.341.23
Max drawdown (3Y)-100.0%-90.7%
Market cap$6.3B
P/E (trailing)0.015.4
Dividend yield0.00%0.00%
Sector / categoryUS ListedCommunication Services
Lower P/E: NIVF 0.0 vs 15.4Smaller drawdown: TTD -90.7% vs -100.0%Higher 5y return: TTD -83.4% vs -100.0%
-100%0%+8%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. NIVF · TTD

Year-by-year returns

YearNIVFTTD
2022-51.1%
2023+6.9%+60.5%
2024-96.3%+63.3%
2025-99.3%-67.7%
2026-98.1%-64.6%

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

Are NIVF and TTD good diversifiers for each other?

By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.

FAQ

What is the correlation between NIVF and TTD?

The NIVF/TTD correlation stands at -0.26 on a 3-year window (1 year: 0.09, 5 years: -0.21), computed from weekly returns as of 2026-08-27.

Is TTD a good diversifier for NIVF?

By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.

What does a correlation of -0.26 mean?

A reading of -0.26 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 TTD: 3-year weekly correlation -0.26NIVF vs TTD-0.26

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Hubs: NIVF correlations · TTD correlations