AEHL vs CHRW: Correlation
How closely do Antelope Enterprise Holdings Limited - Class A (AEHL) and C.H. Robinson (CHRW) trade together? Their weekly returns over three years give a correlation of -0.25, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AEHL and CHRW?
On 3 years of weekly data the AEHL/CHRW correlation comes out at -0.25, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.35 over 1 year against -0.25 over 3. The 5-year figure is -0.21, and annualized covariance runs at -10646.8 %².
Among the 26 assets we track against AEHL, CHRW sits near the bottom by co-movement, at rank #22. The last year tells two different stories: CHRW led by 93.5 percentage points, -73.6% for AEHL against +19.9% for CHRW. One caveat on sizing: AEHL is 33.4 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
AEHL vs CHRW: side by side
| AEHL (Antelope Enterprise Holdings Limited - Class A) | CHRW (C.H. Robinson) | |
|---|---|---|
| 1-year return | -73.6% | +19.9% |
| 5-year return | -99.9% | +86.8% |
| Volatility (ann.) | 1193.4% | 35.7% |
| Beta vs S&P 500 | 1.91 | 0.69 |
| Max drawdown (3Y) | -100.0% | -32.4% |
| Market cap | – | $17.7B |
| P/E (trailing) | – | 29.0 |
| Dividend yield | 0.00% | 1.65% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | AEHL | CHRW |
|---|---|---|
| 2022 | -62.9% | -13.1% |
| 2023 | -56.1% | -3.1% |
| 2024 | -91.1% | +22.9% |
| 2025 | -80.8% | +59.0% |
| 2026 | -52.1% | -5.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AEHL and CHRW good diversifiers for each other?
Yes. With a correlation of -0.25, AEHL and CHRW have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between AEHL and CHRW?
As of 2026-08-27, the correlation of weekly returns between AEHL and CHRW is -0.25 over 3 years, -0.35 over 1 year and -0.21 over 5 years.
Is CHRW a good diversifier for AEHL?
Yes. With a correlation of -0.25, AEHL and CHRW have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.25 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.
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Related comparisons
Hubs: AEHL correlations · CHRW correlations
