ABBV vs PODC: Correlation
Measured on weekly returns over the past three years, AbbVie (ABBV) and PodcastOne, Inc. (PODC) carry a correlation of -0.24, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABBV and PODC?
Over the past 3 years, ABBV and PODC moved with a correlation of -0.24, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.15) sits close to the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -508.3 %².
By 3-year correlation, PODC places #25 of the 34 assets tracked against ABBV. Correlation aside, the last 12 months split them widely, with PODC ahead by 41.5 points (+27.9% versus +69.4%). Risk is not evenly split, since PODC carries 3.0 times the volatility of the other side.
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.
ABBV vs PODC: side by side
| ABBV (AbbVie) | PODC (PodcastOne, Inc.) | |
|---|---|---|
| 1-year return | +27.9% | +69.4% |
| 5-year return | +157.2% | n/a |
| Volatility (ann.) | 26.4% | 79.0% |
| Beta vs S&P 500 | 0.08 | 0.70 |
| Max drawdown (3Y) | -20.7% | -74.5% |
| Market cap | $456.2B | $0.1B |
| P/E (trailing) | 74.0 | – |
| Dividend yield | 2.60% | 0.00% |
| Sector / category | Health Care | US Listed |
Year-by-year returns
| Year | ABBV | PODC |
|---|---|---|
| 2022 | +24.0% | – |
| 2023 | -0.2% | – |
| 2024 | +18.9% | +16.8% |
| 2025 | +33.1% | +14.4% |
| 2026 | +15.7% | +9.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABBV and PODC good diversifiers for each other?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
FAQ
What is the correlation between ABBV and PODC?
The ABBV/PODC correlation stands at -0.24 on a 3-year window (1 year: -0.15, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is PODC a good diversifier for ABBV?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
What does a correlation of -0.24 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/abbv-vs-podc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/abbv-vs-podc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ABBV correlations · PODC correlations
