AGL vs HUM: Correlation
Measured on weekly returns over the past three years, agilon health, inc. (AGL) and Humana (HUM) carry a correlation of 0.44, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGL and HUM?
Across a 3-year window, the weekly returns of AGL and HUM correlate at 0.44, moderate. Little has changed lately, as the 1-year reading of 0.53 lands near the 3-year figure. Stretching to 5 years gives 0.42, with an annualized covariance of 2393.5 %².
HUM is one of the assets that tracks AGL most closely: it ranks #2 out of the 14 assets we track against AGL. Their recent paths diverged sharply: over the last 12 months AGL outperformed by 155.8 percentage points (+189.8% for AGL against +34.0% for HUM). Risk is not evenly split, since AGL carries 2.9 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.
AGL vs HUM: side by side
| AGL (agilon health, inc.) | HUM (Humana) | |
|---|---|---|
| 1-year return | +189.8% | +34.0% |
| 5-year return | -90.0% | +1.8% |
| Volatility (ann.) | 126.1% | 43.3% |
| Beta vs S&P 500 | 1.73 | 0.52 |
| Max drawdown (3Y) | -98.4% | -67.9% |
| Market cap | $1.6B | $47.1B |
| P/E (trailing) | – | 36.9 |
| Dividend yield | 0.00% | 0.91% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | AGL | HUM |
|---|---|---|
| 2022 | -40.2% | +11.2% |
| 2023 | -22.2% | -9.9% |
| 2024 | -84.9% | -44.0% |
| 2025 | -63.7% | +2.4% |
| 2026 | +446.8% | +54.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGL and HUM good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AGL and HUM?
Using weekly returns as of 2026-08-27: 0.44 over 3 years, with 0.53 over the last year and 0.42 over 5 years.
Is HUM a good diversifier for AGL?
Yes, to a useful degree: a correlation of 0.44 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.44 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/agl-vs-hum.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/agl-vs-hum/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AGL correlations · HUM correlations
