AGRO vs HUBC: Correlation
Measured on weekly returns over the past three years, Adecoagro S.A. (AGRO) and Hub Cyber Security Ltd. (HUBC) carry a correlation of -0.25, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGRO and HUBC?
Across a 3-year window, the weekly returns of AGRO and HUBC correlate at -0.25, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.37) than the 3-year average (-0.25). Stretching to 5 years gives -0.17, with an annualized covariance of -1965.6 %².
By 3-year correlation, HUBC places #30 of the 36 assets tracked against AGRO. The last year tells two different stories: AGRO led by 128.1 percentage points, +28.1% for AGRO against -100.0% for HUBC. Note the risk asymmetry: HUBC runs 4.5 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
AGRO vs HUBC: side by side
| AGRO (Adecoagro S.A.) | HUBC (Hub Cyber Security Ltd.) | |
|---|---|---|
| 1-year return | +28.1% | -100.0% |
| 5-year return | +29.1% | -100.0% |
| Volatility (ann.) | 41.7% | 189.4% |
| Beta vs S&P 500 | -0.27 | 1.46 |
| Max drawdown (3Y) | -41.3% | -100.0% |
| Market cap | $1.5B | – |
| P/E (trailing) | 28.9 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AGRO | HUBC |
|---|---|---|
| 2022 | +11.5% | – |
| 2023 | +38.6% | -98.2% |
| 2024 | -12.4% | -68.2% |
| 2025 | -14.3% | -94.4% |
| 2026 | +36.0% | -100.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGRO and HUBC good diversifiers for each other?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
FAQ
What is the correlation between AGRO and HUBC?
The AGRO/HUBC correlation stands at -0.25 on a 3-year window (1 year: -0.37, 5 years: -0.17), computed from weekly returns as of 2026-08-27.
Is HUBC a good diversifier for AGRO?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/agro-vs-hubc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/agro-vs-hubc/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AGRO correlations · HUBC correlations
