AHCO vs YJ: Correlation
AdaptHealth Corp. (AHCO) and Yunji Inc. - American Depository Shares (YJ) show a negative relationship: their 3-year correlation of weekly returns is -0.36.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AHCO and YJ?
On 3 years of weekly data the AHCO/YJ correlation comes out at -0.36, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.66 versus -0.36 over 3 years. The 5-year figure is -0.23, and annualized covariance runs at -3083.0 %².
YJ is close to the least connected end of AHCO's tracked universe, ranking #20 of 21. The last year tells two different stories: YJ led by 120.3 percentage points, -37.0% for AHCO against +83.3% for YJ. Note the risk asymmetry: YJ runs 2.2 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.
AHCO vs YJ: side by side
| AHCO (AdaptHealth Corp.) | YJ (Yunji Inc. - American Depository Shares) | |
|---|---|---|
| 1-year return | -37.0% | +83.3% |
| 5-year return | -75.6% | -89.8% |
| Volatility (ann.) | 62.0% | 139.4% |
| Beta vs S&P 500 | 0.40 | 0.56 |
| Max drawdown (3Y) | -61.0% | -73.6% |
| Market cap | $0.8B | – |
| P/E (trailing) | – | 1.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AHCO | YJ |
|---|---|---|
| 2022 | -21.4% | +30.7% |
| 2023 | -62.1% | -91.3% |
| 2024 | +30.6% | -43.4% |
| 2025 | +4.6% | -26.7% |
| 2026 | -41.8% | +170.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AHCO and YJ good diversifiers for each other?
Yes. With a correlation of -0.36, AHCO and YJ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between AHCO and YJ?
The AHCO/YJ correlation stands at -0.36 on a 3-year window (1 year: -0.66, 5 years: -0.23), computed from weekly returns as of 2026-08-27.
Is YJ a good diversifier for AHCO?
Yes. With a correlation of -0.36, AHCO and YJ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.36 mean?
On the −1 to +1 scale, -0.36 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/ahco-vs-yj.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ahco-vs-yj/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AHCO correlations · YJ correlations
