AIIO vs FLO: Correlation
Measured on weekly returns over the past three years, Robo.ai Inc. - Class B (AIIO) and Flowers Foods, Inc. (FLO) 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 AIIO and FLO?
Across a 3-year window, the weekly returns of AIIO and FLO correlate at -0.26, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.39) runs below the 3-year figure (-0.26). Stretching to 5 years gives -0.21, with an annualized covariance of -1964.1 %².
Among the 35 assets we track against AIIO, FLO ranks #25 by 3-year correlation. Correlation aside, the last 12 months split them widely, with FLO ahead by 41.6 points (-91.3% versus -49.7%). One caveat on sizing: AIIO is 10.5 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.
AIIO vs FLO: side by side
| AIIO (Robo.ai Inc. - Class B) | FLO (Flowers Foods, Inc.) | |
|---|---|---|
| 1-year return | -91.3% | -49.7% |
| 5-year return | -98.8% | -63.2% |
| Volatility (ann.) | 280.6% | 26.8% |
| Beta vs S&P 500 | 0.74 | 0.20 |
| Max drawdown (3Y) | -99.7% | -68.8% |
| Market cap | $0.4B | $1.5B |
| P/E (trailing) | – | 26.8 |
| Dividend yield | 0.00% | 13.81% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIIO | FLO |
|---|---|---|
| 2022 | -9.2% | +8.0% |
| 2023 | -27.5% | -18.6% |
| 2024 | -91.0% | -4.3% |
| 2025 | -56.6% | -43.6% |
| 2026 | -61.3% | -33.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIIO and FLO good diversifiers for each other?
Yes: at -0.26, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AIIO and FLO?
Using weekly returns as of 2026-08-27: -0.26 over 3 years, with -0.39 over the last year and -0.21 over 5 years.
Is FLO a good diversifier for AIIO?
Yes: at -0.26, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.26 mean?
On the −1 to +1 scale, -0.26 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/aiio-vs-flo.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/aiio-vs-flo/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AIIO correlations · FLO correlations
