AIN vs YJ: Correlation
Albany International Corporation (AIN) and Yunji Inc. - American Depository Shares (YJ) show a negative relationship: their 3-year correlation of weekly returns is -0.26.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AIN and YJ?
Across a 3-year window, the weekly returns of AIN and YJ correlate at -0.26, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.44) runs below the 3-year figure (-0.26). Stretching to 5 years gives -0.17, with an annualized covariance of -1297.1 %².
YJ is close to the least connected end of AIN's tracked universe, ranking #18 of 20. The last year tells two different stories: YJ led by 88.9 percentage points, -5.6% for AIN against +83.3% for YJ. Note the risk asymmetry: YJ runs 3.9 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.
AIN vs YJ: side by side
| AIN (Albany International Corporation) | YJ (Yunji Inc. - American Depository Shares) | |
|---|---|---|
| 1-year return | -5.6% | +83.3% |
| 5-year return | -19.2% | -89.8% |
| Volatility (ann.) | 36.2% | 139.4% |
| Beta vs S&P 500 | 1.13 | 0.56 |
| Max drawdown (3Y) | -57.1% | -73.6% |
| Market cap | $1.7B | – |
| P/E (trailing) | – | 1.5 |
| Dividend yield | 1.88% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AIN | YJ |
|---|---|---|
| 2022 | +12.6% | +30.7% |
| 2023 | +0.7% | -91.3% |
| 2024 | -17.6% | -43.4% |
| 2025 | -35.5% | -26.7% |
| 2026 | +17.9% | +170.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AIN and YJ 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 AIN and YJ?
As of 2026-08-27, the correlation of weekly returns between AIN and YJ is -0.26 over 3 years, -0.44 over 1 year and -0.17 over 5 years.
Is YJ a good diversifier for AIN?
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?
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/ain-vs-yj.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ain-vs-yj/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AIN correlations · YJ correlations
