NNOX vs TELO: Correlation
Measured on weekly returns over the past three years, NANO-X IMAGING LTD (NNOX) and Telomir Pharmaceuticals, Inc. (TELO) carry a correlation of 0.40, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NNOX and TELO?
On 3 years of weekly data the NNOX/TELO correlation comes out at 0.40, moderate. The past 12 months show a weaker link (0.25) than the 3-year average (0.40). The 5-year figure is n/a, and annualized covariance runs at 5355.2 %².
Among the 21 assets we track against NNOX, TELO ranks #12 by 3-year correlation. The last year tells two different stories: TELO led by 59.0 percentage points, -78.6% for NNOX against -19.6% for TELO.
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.
NNOX vs TELO: side by side
| NNOX (NANO-X IMAGING LTD) | TELO (Telomir Pharmaceuticals, Inc.) | |
|---|---|---|
| 1-year return | -78.6% | -19.6% |
| 5-year return | -96.5% | n/a |
| Volatility (ann.) | 106.8% | 119.3% |
| Beta vs S&P 500 | 1.70 | 1.22 |
| Max drawdown (3Y) | -93.5% | -92.3% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NNOX | TELO |
|---|---|---|
| 2022 | -49.2% | – |
| 2023 | -13.7% | – |
| 2024 | +13.0% | – |
| 2025 | -61.1% | -67.7% |
| 2026 | -69.9% | -10.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NNOX and TELO good diversifiers for each other?
Reasonably. At 0.40, NNOX and TELO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between NNOX and TELO?
Using weekly returns as of 2026-08-27: 0.40 over 3 years, with 0.25 over the last year and n/a over 5 years.
Is TELO a good diversifier for NNOX?
Reasonably. At 0.40, NNOX and TELO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.40 mean?
A reading of 0.40 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/nnox-vs-telo.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/nnox-vs-telo/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: NNOX correlations · TELO correlations
