SES vs WIMI: Correlation
SES AI Corporation (SES) and WiMi Hologram Cloud Inc. - Class B (WIMI) show a moderate relationship: their 3-year correlation of weekly returns is 0.56.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SES and WIMI?
Over the past 3 years, SES and WIMI moved with a correlation of 0.56, which is moderate. The link has loosened recently: the 1-year correlation (0.32) runs below the 3-year figure (0.56). Over 5 years the correlation is 0.50, and the annualized covariance of weekly returns is 20069.3 %².
Among the 35 assets we track against SES, WIMI ranks #17 by 3-year correlation. On 12-month performance SES holds a 13.9-point edge, -51.0% against -64.9%. Note the risk asymmetry: SES runs 2.4 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.
SES vs WIMI: side by side
| SES (SES AI Corporation) | WIMI (WiMi Hologram Cloud Inc. - Class B) | |
|---|---|---|
| 1-year return | -51.0% | -64.9% |
| 5-year return | -94.5% | -96.7% |
| Volatility (ann.) | 294.5% | 121.5% |
| Beta vs S&P 500 | 2.43 | 1.79 |
| Max drawdown (3Y) | -89.7% | -95.3% |
| Market cap | $0.2B | – |
| P/E (trailing) | – | 0.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SES | WIMI |
|---|---|---|
| 2022 | -68.3% | -75.7% |
| 2023 | -41.9% | +9.5% |
| 2024 | +19.7% | +128.4% |
| 2025 | -17.8% | -87.2% |
| 2026 | -69.5% | -42.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SES and WIMI good diversifiers for each other?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between SES and WIMI?
As of 2026-08-27, the correlation of weekly returns between SES and WIMI is 0.56 over 3 years, 0.32 over 1 year and 0.50 over 5 years.
Is WIMI a good diversifier for SES?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.56 mean?
A reading of 0.56 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/ses-vs-wimi.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ses-vs-wimi/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: SES correlations · WIMI correlations
