AEHL vs MNST: Correlation
Antelope Enterprise Holdings Limited - Class A (AEHL) and Monster Beverage (MNST) show a negative relationship: their 3-year correlation of weekly returns is -0.60.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AEHL and MNST?
Over the past 3 years, AEHL and MNST moved with a correlation of -0.60, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.63 over 1 year against -0.60 over 3. Over 5 years the correlation is -0.57, and the annualized covariance of weekly returns is -48849.3 %².
MNST is close to the least connected end of AEHL's tracked universe, ranking #26 of 26. Correlation aside, the last 12 months split them widely, with MNST ahead by 49.3 points (-73.6% versus -24.3%). One caveat on sizing: AEHL is 17.4 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 MNST: side by side
| AEHL (Antelope Enterprise Holdings Limited - Class A) | MNST (Monster Beverage) | |
|---|---|---|
| 1-year return | -73.6% | -24.3% |
| 5-year return | -99.9% | -4.5% |
| Volatility (ann.) | 1193.4% | 68.6% |
| Beta vs S&P 500 | 1.91 | 0.80 |
| Max drawdown (3Y) | -100.0% | -54.5% |
| Market cap | – | $91.5B |
| P/E (trailing) | – | 43.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | AEHL | MNST |
|---|---|---|
| 2022 | -62.9% | +5.7% |
| 2023 | -56.1% | +13.5% |
| 2024 | -91.1% | -8.8% |
| 2025 | -80.8% | +45.9% |
| 2026 | -52.1% | -39.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AEHL and MNST good diversifiers for each other?
Yes: at -0.60, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AEHL and MNST?
As of 2026-08-27, the correlation of weekly returns between AEHL and MNST is -0.60 over 3 years, -0.63 over 1 year and -0.57 over 5 years.
Is MNST a good diversifier for AEHL?
Yes: at -0.60, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.60 mean?
On the −1 to +1 scale, -0.60 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aehl-vs-mnst.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aehl-vs-mnst/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AEHL correlations · MNST correlations
