AEC vs UEC: Correlation
How closely do Anfield Energy Inc. (AEC) and Uranium Energy Corp. (UEC) trade together? Their weekly returns over three years give a correlation of 0.45, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AEC and UEC?
Over the past 3 years, AEC and UEC moved with a correlation of 0.45, which is moderate. The link has tightened recently: the 1-year correlation (0.63) runs above the 3-year figure (0.45). Over 5 years the correlation is 0.41, and the annualized covariance of weekly returns is 2934.7 %².
Among the 11 assets we track against AEC, UEC ranks #5 by 3-year correlation. Correlation aside, the last 12 months split them widely, with UEC ahead by 42.3 points (-11.0% versus +31.3%). Risk is not evenly split, since AEC carries 1.6 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.
AEC vs UEC: side by side
| AEC (Anfield Energy Inc.) | UEC (Uranium Energy Corp.) | |
|---|---|---|
| 1-year return | -11.0% | +31.3% |
| 5-year return | -37.7% | +467.5% |
| Volatility (ann.) | 102.5% | 63.2% |
| Beta vs S&P 500 | 1.85 | 1.71 |
| Max drawdown (3Y) | -65.7% | -55.1% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AEC | UEC |
|---|---|---|
| 2022 | -50.0% | +15.8% |
| 2023 | +50.0% | +64.9% |
| 2024 | +0.0% | +4.5% |
| 2025 | +14.0% | +74.6% |
| 2026 | -9.0% | +16.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AEC and UEC good diversifiers for each other?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between AEC and UEC?
The AEC/UEC correlation stands at 0.45 on a 3-year window (1 year: 0.63, 5 years: 0.41), computed from weekly returns as of 2026-08-27.
Is UEC a good diversifier for AEC?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.45 mean?
A reading of 0.45 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/aec-vs-uec.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aec-vs-uec/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AEC correlations · UEC correlations
