AN vs SAH: Correlation
Measured on weekly returns over the past three years, AutoNation, Inc. (AN) and Sonic Automotive, Inc. (SAH) carry a correlation of 0.73, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AN and SAH?
Over the past 3 years, AN and SAH moved with a correlation of 0.73, which is strong. Recent behaviour matches the longer record: 0.64 over 1 year against 0.73 over 3. Over 5 years the correlation is 0.68, and the annualized covariance of weekly returns is 841.7 %².
SAH is one of the assets that tracks AN most closely: it ranks #3 out of the 13 assets we track against AN. On 12-month performance SAH holds a 6.3-point edge, -10.5% against -4.2%.
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.
AN vs SAH: side by side
| AN (AutoNation, Inc.) | SAH (Sonic Automotive, Inc.) | |
|---|---|---|
| 1-year return | -10.5% | -4.2% |
| 5-year return | +79.8% | +73.6% |
| Volatility (ann.) | 28.5% | 40.3% |
| Beta vs S&P 500 | 0.84 | 0.91 |
| Max drawdown (3Y) | -21.4% | -33.6% |
| Market cap | $6.6B | $2.5B |
| P/E (trailing) | 9.1 | 12.4 |
| Dividend yield | 0.00% | 1.99% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AN | SAH |
|---|---|---|
| 2022 | -8.2% | +1.9% |
| 2023 | +40.0% | +16.7% |
| 2024 | +13.1% | +15.2% |
| 2025 | +21.6% | -0.3% |
| 2026 | -3.7% | +29.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AN and SAH good diversifiers for each other?
Only partially. A correlation of 0.73 means AN and SAH share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between AN and SAH?
Using weekly returns as of 2026-08-27: 0.73 over 3 years, with 0.64 over the last year and 0.68 over 5 years.
Is SAH a good diversifier for AN?
Only partially. A correlation of 0.73 means AN and SAH share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.73 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/an-vs-sah.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/an-vs-sah/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AN correlations · SAH correlations
