NIVF vs VBIO: Correlation
How closely do NewGenIvf Group Limited - Class A (NIVF) and Valion Bio, Inc. (VBIO) trade together? Their weekly returns over three years give a correlation of 0.56, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NIVF and VBIO?
Over the past 3 years, NIVF and VBIO moved with a correlation of 0.56, which is moderate. The past 12 months show a weaker link (0.22) than the 3-year average (0.56). Over 5 years the correlation is 0.46, and the annualized covariance of weekly returns is 66606.7 %².
Within NIVF's tracked universe of 37 assets, VBIO comes in at #4 by 3-year correlation. Twelve-month performance is nearly a tie, at -99.9% for NIVF and -96.0% for VBIO. Note the risk asymmetry: NIVF runs 5.4 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 VBIO: side by side
| NIVF (NewGenIvf Group Limited - Class A) | VBIO (Valion Bio, Inc.) | |
|---|---|---|
| 1-year return | -99.9% | -96.0% |
| 5-year return | -100.0% | -100.0% |
| Volatility (ann.) | 800.3% | 147.8% |
| Beta vs S&P 500 | 5.34 | 1.27 |
| Max drawdown (3Y) | -100.0% | -99.8% |
| Market cap | – | – |
| P/E (trailing) | 0.0 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NIVF | VBIO |
|---|---|---|
| 2022 | – | -83.5% |
| 2023 | +6.9% | -97.2% |
| 2024 | -96.3% | -80.8% |
| 2025 | -99.3% | -75.3% |
| 2026 | -98.1% | -91.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NIVF and VBIO good diversifiers for each other?
Only partially. A correlation of 0.56 means NIVF and VBIO share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between NIVF and VBIO?
As of 2026-08-27, the correlation of weekly returns between NIVF and VBIO is 0.56 over 3 years, 0.22 over 1 year and 0.46 over 5 years.
Is VBIO a good diversifier for NIVF?
Only partially. A correlation of 0.56 means NIVF and VBIO share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.56 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
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Related comparisons
Hubs: NIVF correlations · VBIO correlations
