AKA vs EBS: Correlation
a.k.a. Brands Holding Corp. (AKA) and Emergent BioSolutions Inc. (EBS) show a moderate relationship: their 3-year correlation of weekly returns is 0.35.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AKA and EBS?
Across a 3-year window, the weekly returns of AKA and EBS correlate at 0.35, moderate. The link has loosened recently: the 1-year correlation (0.02) runs below the 3-year figure (0.35). Stretching to 5 years gives 0.29, with an annualized covariance of 4616.6 %².
Within AKA's tracked universe of 11 assets, EBS comes in at #5 by 3-year correlation. The last year tells two different stories: AKA led by 24.5 percentage points, -6.3% for AKA against -30.8% for EBS.
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.
AKA vs EBS: side by side
| AKA (a.k.a. Brands Holding Corp.) | EBS (Emergent BioSolutions Inc.) | |
|---|---|---|
| 1-year return | -6.3% | -30.8% |
| 5-year return | -91.2% | -90.7% |
| Volatility (ann.) | 108.8% | 122.0% |
| Beta vs S&P 500 | 1.32 | 2.69 |
| Max drawdown (3Y) | -76.3% | -71.2% |
| Market cap | $0.1B | $0.3B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AKA | EBS |
|---|---|---|
| 2022 | -86.3% | -72.8% |
| 2023 | -47.2% | -79.7% |
| 2024 | +132.5% | +298.3% |
| 2025 | -42.8% | +29.3% |
| 2026 | -1.3% | -51.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AKA and EBS good diversifiers for each other?
Reasonably. At 0.35, AKA and EBS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between AKA and EBS?
As of 2026-08-27, the correlation of weekly returns between AKA and EBS is 0.35 over 3 years, 0.02 over 1 year and 0.29 over 5 years.
Is EBS a good diversifier for AKA?
Reasonably. At 0.35, AKA and EBS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.35 mean?
On the −1 to +1 scale, 0.35 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/aka-vs-ebs.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aka-vs-ebs/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AKA correlations · EBS correlations
