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ACB vs AZTR: Correlation

Aurora Cannabis Inc. (ACB) and Azitra Inc (AZTR) show a weak relationship: their 3-year correlation of weekly returns is 0.28.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.28
weak
Correlation (1Y)
0.23
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
3029.4
%² · weekly, annualized

How correlated are ACB and AZTR?

On 3 years of weekly data the ACB/AZTR correlation comes out at 0.28, weak. Little has changed lately, as the 1-year reading of 0.23 lands near the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at 3029.4 %².

By 3-year correlation, AZTR places #10 of the 15 assets tracked against ACB. Correlation aside, the last 12 months split them widely, with ACB ahead by 57.2 points (-24.8% versus -82.0%).

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.

ACB vs AZTR: side by side

ACB (Aurora Cannabis Inc.)AZTR (Azitra Inc)
1-year return-24.8%-82.0%
5-year return-94.4%n/a
Volatility (ann.)94.9%113.7%
Beta vs S&P 5001.231.30
Max drawdown (3Y)-73.8%-100.0%
Market cap$0.3B
P/E (trailing)9.3
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: ACB -73.8% vs -100.0%
-85%0%+15%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. ACB · AZTR

Year-by-year returns

YearACBAZTR
2022-82.9%
2023-48.4%
2024-10.7%-98.5%
2025-0.7%-90.7%
2026-5.0%-29.9%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are ACB and AZTR good diversifiers for each other?

A fair diversifier. At 0.28, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between ACB and AZTR?

Using weekly returns as of 2026-08-27: 0.28 over 3 years, with 0.23 over the last year and n/a over 5 years.

Is AZTR a good diversifier for ACB?

A fair diversifier. At 0.28, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.28 mean?

A reading of 0.28 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

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ACB vs AZTR: 3-year weekly correlation 0.28ACB vs AZTR0.28

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Hubs: ACB correlations · AZTR correlations