AGO vs YJ: Correlation
Measured on weekly returns over the past three years, Assured Guaranty Ltd. (AGO) and Yunji Inc. - American Depository Shares (YJ) carry a correlation of -0.26, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGO and YJ?
Over the past 3 years, AGO and YJ moved with a correlation of -0.26, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.43) than the 3-year average (-0.26). Over 5 years the correlation is -0.11, and the annualized covariance of weekly returns is -784.4 %².
Among the 14 assets we track against AGO, YJ sits near the bottom by co-movement, at rank #12. Correlation aside, the last 12 months split them widely, with YJ ahead by 89.5 points (-6.2% versus +83.3%). One caveat on sizing: YJ is 6.5 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.
AGO vs YJ: side by side
| AGO (Assured Guaranty Ltd.) | YJ (Yunji Inc. - American Depository Shares) | |
|---|---|---|
| 1-year return | -6.2% | +83.3% |
| 5-year return | +64.9% | -89.8% |
| Volatility (ann.) | 21.4% | 139.4% |
| Beta vs S&P 500 | 0.51 | 0.56 |
| Max drawdown (3Y) | -22.0% | -73.6% |
| Market cap | $3.3B | – |
| P/E (trailing) | 10.1 | 1.5 |
| Dividend yield | 1.90% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AGO | YJ |
|---|---|---|
| 2022 | +26.2% | +30.7% |
| 2023 | +22.5% | -91.3% |
| 2024 | +22.1% | -43.4% |
| 2025 | +0.6% | -26.7% |
| 2026 | -14.4% | +170.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGO and YJ good diversifiers for each other?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
FAQ
What is the correlation between AGO and YJ?
Using weekly returns as of 2026-08-27: -0.26 over 3 years, with -0.43 over the last year and -0.11 over 5 years.
Is YJ a good diversifier for AGO?
By historical standards, yes. A correlation of -0.26 means the two rarely move for the same reasons.
What does a correlation of -0.26 mean?
A reading of -0.26 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/ago-vs-yj.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ago-vs-yj/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AGO correlations · YJ correlations
