ABG vs SAH: Correlation
How closely do Asbury Automotive Group Inc (ABG) and Sonic Automotive, Inc. (SAH) trade together? Their weekly returns over three years give a correlation of 0.62, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABG and SAH?
Across a 3-year window, the weekly returns of ABG and SAH correlate at 0.62, strong. The relationship has been stable: the 1-year correlation (0.56) sits close to the 3-year figure. Stretching to 5 years gives 0.66, with an annualized covariance of 837.3 %².
By 3-year correlation, SAH places #5 of the 12 assets tracked against ABG. The trailing year gives SAH the advantage: -17.9% versus -4.2%, a 13.7-point spread.
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.
ABG vs SAH: side by side
| ABG (Asbury Automotive Group Inc) | SAH (Sonic Automotive, Inc.) | |
|---|---|---|
| 1-year return | -17.9% | -4.2% |
| 5-year return | +13.5% | +73.6% |
| Volatility (ann.) | 33.4% | 40.3% |
| Beta vs S&P 500 | 1.02 | 0.91 |
| Max drawdown (3Y) | -42.4% | -33.6% |
| Market cap | $3.8B | $2.5B |
| P/E (trailing) | 7.8 | 12.4 |
| Dividend yield | 0.00% | 1.99% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ABG | SAH |
|---|---|---|
| 2022 | +3.8% | +1.9% |
| 2023 | +25.5% | +16.7% |
| 2024 | +8.0% | +15.2% |
| 2025 | -4.3% | -0.3% |
| 2026 | -9.4% | +29.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABG and SAH good diversifiers for each other?
Somewhat, no more. With 0.62 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ABG and SAH?
Using weekly returns as of 2026-08-27: 0.62 over 3 years, with 0.56 over the last year and 0.66 over 5 years.
Is SAH a good diversifier for ABG?
Somewhat, no more. With 0.62 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.62 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/abg-vs-sah.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/abg-vs-sah/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ABG correlations · SAH correlations
