ANNA vs COOK: Correlation
How closely do AleAnna, Inc. (ANNA) and Traeger, Inc. (COOK) trade together? Their weekly returns over three years give a correlation of -0.21, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANNA and COOK?
Over the past 3 years, ANNA and COOK moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.39) than the 3-year average (-0.21). Over 5 years the correlation is -0.16, and the annualized covariance of weekly returns is -1397.3 %².
Within ANNA's tracked universe of 103 assets, COOK comes in at #59 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months COOK outperformed by 22.7 percentage points (-34.3% for ANNA against -11.6% for COOK).
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.
ANNA vs COOK: side by side
| ANNA (AleAnna, Inc.) | COOK (Traeger, Inc.) | |
|---|---|---|
| 1-year return | -34.3% | -11.6% |
| 5-year return | -71.7% | -95.7% |
| Volatility (ann.) | 88.7% | 75.7% |
| Beta vs S&P 500 | -0.92 | 1.90 |
| Max drawdown (3Y) | -86.3% | -89.1% |
| Market cap | $0.1B | $0.2B |
| P/E (trailing) | 14.7 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ANNA | COOK |
|---|---|---|
| 2022 | – | -76.8% |
| 2023 | +7.3% | -3.2% |
| 2024 | -37.6% | -12.5% |
| 2025 | -57.6% | -54.8% |
| 2026 | -3.0% | +3.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANNA and COOK good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between ANNA and COOK?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.39 over the last year and -0.16 over 5 years.
Is COOK a good diversifier for ANNA?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 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/anna-vs-cook.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/anna-vs-cook/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ANNA correlations · COOK correlations
