NUAI vs QURE: Correlation
New Era Energy & Digital, Inc. (NUAI) and uniQure N.V. (QURE) show a moderate relationship: their 3-year correlation of weekly returns is 0.59.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NUAI and QURE?
Across a 3-year window, the weekly returns of NUAI and QURE correlate at 0.59, moderate. The past 12 months show a tighter link (0.80) than the 3-year average (0.59). Stretching to 5 years gives 0.57, with an annualized covariance of 22795.6 %².
QURE is one of the assets that tracks NUAI most closely: it ranks #1 out of the 14 assets we track against NUAI. Correlation aside, the last 12 months split them widely, with NUAI ahead by 711.3 points (+926.0% versus +214.7%).
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.
NUAI vs QURE: side by side
| NUAI (New Era Energy & Digital, Inc.) | QURE (uniQure N.V.) | |
|---|---|---|
| 1-year return | +926.0% | +214.7% |
| 5-year return | -47.8% | +72.6% |
| Volatility (ann.) | 179.9% | 215.4% |
| Beta vs S&P 500 | 1.47 | 1.70 |
| Max drawdown (3Y) | -97.2% | -87.2% |
| Market cap | $0.5B | $3.4B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | NUAI | QURE |
|---|---|---|
| 2022 | – | +9.3% |
| 2023 | +5.1% | -70.1% |
| 2024 | -43.6% | +160.9% |
| 2025 | -51.2% | +35.5% |
| 2026 | +75.1% | +107.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NUAI and QURE good diversifiers for each other?
Only partially. A correlation of 0.59 means NUAI and QURE 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 NUAI and QURE?
As of 2026-08-27, the correlation of weekly returns between NUAI and QURE is 0.59 over 3 years, 0.80 over 1 year and 0.57 over 5 years.
Is QURE a good diversifier for NUAI?
Only partially. A correlation of 0.59 means NUAI and QURE share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.59 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/nuai-vs-qure.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/nuai-vs-qure/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: NUAI correlations · QURE correlations
