ADEA vs AOSL: Correlation
Measured on weekly returns over the past three years, Adeia Inc. (ADEA) and Alpha and Omega Semiconductor Limited (AOSL) carry a correlation of 0.46, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADEA and AOSL?
On 3 years of weekly data the ADEA/AOSL correlation comes out at 0.46, moderate. Recent behaviour matches the longer record: 0.46 over 1 year against 0.46 over 3. The 5-year figure is 0.38, and annualized covariance runs at 1556.3 %².
In ADEA's tracked universe of 12 assets, AOSL sits right near the top at #3. The last year tells two different stories: ADEA led by 81.6 percentage points, +70.2% for ADEA against -11.4% for AOSL.
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.
ADEA vs AOSL: side by side
| ADEA (Adeia Inc.) | AOSL (Alpha and Omega Semiconductor Limited) | |
|---|---|---|
| 1-year return | +70.2% | -11.4% |
| 5-year return | +208.1% | -9.2% |
| Volatility (ann.) | 48.4% | 69.3% |
| Beta vs S&P 500 | 1.10 | 2.34 |
| Max drawdown (3Y) | -34.8% | -66.9% |
| Market cap | $2.9B | $0.8B |
| P/E (trailing) | 24.1 | – |
| Dividend yield | 0.77% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ADEA | AOSL |
|---|---|---|
| 2022 | +18.5% | -52.8% |
| 2023 | +33.5% | -8.8% |
| 2024 | +14.8% | +42.1% |
| 2025 | +25.2% | -46.5% |
| 2026 | +52.9% | +32.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADEA and AOSL good diversifiers for each other?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ADEA and AOSL?
Using weekly returns as of 2026-08-27: 0.46 over 3 years, with 0.46 over the last year and 0.38 over 5 years.
Is AOSL a good diversifier for ADEA?
A fair diversifier. At 0.46, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.46 mean?
A reading of 0.46 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/adea-vs-aosl.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/adea-vs-aosl/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ADEA correlations · AOSL correlations
