AKAM vs UCAR: Correlation
Akamai Technologies (AKAM) and U Power Limited - Class A (UCAR) show a negative relationship: their 3-year correlation of weekly returns is -0.27.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AKAM and UCAR?
Over the past 3 years, AKAM and UCAR moved with a correlation of -0.27, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.39 versus -0.27 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -2312.2 %².
UCAR is close to the least connected end of AKAM's tracked universe, ranking #27 of 30. Their recent paths diverged sharply: over the last 12 months AKAM outperformed by 139.0 percentage points (+42.1% for AKAM against -96.9% for UCAR). Note the risk asymmetry: UCAR runs 4.1 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.
AKAM vs UCAR: side by side
| AKAM (Akamai Technologies) | UCAR (U Power Limited - Class A) | |
|---|---|---|
| 1-year return | +42.1% | -96.9% |
| 5-year return | -1.6% | n/a |
| Volatility (ann.) | 45.7% | 186.9% |
| Beta vs S&P 500 | 0.58 | 2.54 |
| Max drawdown (3Y) | -46.8% | -100.0% |
| Market cap | $16.0B | – |
| P/E (trailing) | 40.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | AKAM | UCAR |
|---|---|---|
| 2022 | -28.0% | – |
| 2023 | +40.4% | – |
| 2024 | -19.2% | -64.0% |
| 2025 | -8.8% | -77.1% |
| 2026 | +27.5% | -95.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AKAM and UCAR good diversifiers for each other?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
FAQ
What is the correlation between AKAM and UCAR?
The AKAM/UCAR correlation stands at -0.27 on a 3-year window (1 year: -0.39, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is UCAR a good diversifier for AKAM?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
What does a correlation of -0.27 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/akam-vs-ucar.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/akam-vs-ucar/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AKAM correlations · UCAR correlations
