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
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 500 | 5.34 | 1.23 |
| Max drawdown (3Y) | -100.0% | -90.7% |
| Market cap | – | $6.3B |
| P/E (trailing) | 0.0 | 15.4 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Communication Services |
Year-by-year returns
| Year | NIVF | TTD |
|---|---|---|
| 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
$ curl https://www.pairbook.io/api/v1/pairs/nivf-vs-ttd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/nivf-vs-ttd/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: NIVF correlations · TTD correlations