AEHL vs LII: Correlation
Measured on weekly returns over the past three years, Antelope Enterprise Holdings Limited - Class A (AEHL) and Lennox International (LII) carry a correlation of -0.32, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AEHL and LII?
Over the past 3 years, AEHL and LII moved with a correlation of -0.32, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.45 versus -0.32 over 3 years. Over 5 years the correlation is -0.24, and the annualized covariance of weekly returns is -12186.5 %².
Among the 26 assets we track against AEHL, LII sits near the bottom by co-movement, at rank #24. Correlation aside, the last 12 months split them widely, with LII ahead by 43.3 points (-73.6% versus -30.3%). Risk is not evenly split, since AEHL carries 37.3 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.
AEHL vs LII: side by side
| AEHL (Antelope Enterprise Holdings Limited - Class A) | LII (Lennox International) | |
|---|---|---|
| 1-year return | -73.6% | -30.3% |
| 5-year return | -99.9% | +23.7% |
| Volatility (ann.) | 1193.4% | 32.0% |
| Beta vs S&P 500 | 1.91 | 0.96 |
| Max drawdown (3Y) | -100.0% | -41.7% |
| Market cap | – | $13.5B |
| P/E (trailing) | – | 17.5 |
| Dividend yield | 0.00% | 1.34% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | AEHL | LII |
|---|---|---|
| 2022 | -62.9% | -24.9% |
| 2023 | -56.1% | +89.5% |
| 2024 | -91.1% | +37.3% |
| 2025 | -80.8% | -19.5% |
| 2026 | -52.1% | -19.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AEHL and LII good diversifiers for each other?
By historical standards, yes. A correlation of -0.32 means the two rarely move for the same reasons.
FAQ
What is the correlation between AEHL and LII?
The AEHL/LII correlation stands at -0.32 on a 3-year window (1 year: -0.45, 5 years: -0.24), computed from weekly returns as of 2026-08-27.
Is LII a good diversifier for AEHL?
By historical standards, yes. A correlation of -0.32 means the two rarely move for the same reasons.
What does a correlation of -0.32 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/aehl-vs-lii.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aehl-vs-lii/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AEHL correlations · LII correlations
