ANNA vs CRWS: Correlation
Measured on weekly returns over the past three years, AleAnna, Inc. (ANNA) and Crown Crafts, Inc. (CRWS) carry a correlation of -0.26, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANNA and CRWS?
Across a 3-year window, the weekly returns of ANNA and CRWS correlate at -0.26, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.34) sits close to the 3-year figure. Stretching to 5 years gives -0.22, with an annualized covariance of -548.8 %².
By 3-year correlation, CRWS places #88 of the 103 assets tracked against ANNA. Their recent paths diverged sharply: over the last 12 months CRWS outperformed by 39.6 percentage points (-34.3% for ANNA against +5.3% for CRWS). Risk is not evenly split, since ANNA carries 3.7 times the volatility of the other side.
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 CRWS: side by side
| ANNA (AleAnna, Inc.) | CRWS (Crown Crafts, Inc.) | |
|---|---|---|
| 1-year return | -34.3% | +5.3% |
| 5-year return | -71.7% | -41.3% |
| Volatility (ann.) | 88.7% | 24.2% |
| Beta vs S&P 500 | -0.92 | 0.48 |
| Max drawdown (3Y) | -86.3% | -48.8% |
| Market cap | $0.1B | – |
| P/E (trailing) | 14.7 | 6.3 |
| Dividend yield | 0.00% | 10.88% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ANNA | CRWS |
|---|---|---|
| 2022 | – | -22.7% |
| 2023 | +7.3% | -1.2% |
| 2024 | -37.6% | -3.4% |
| 2025 | -57.6% | -31.7% |
| 2026 | -3.0% | +10.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANNA and CRWS good diversifiers for each other?
Yes. With a correlation of -0.26, ANNA and CRWS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ANNA and CRWS?
As of 2026-08-27, the correlation of weekly returns between ANNA and CRWS is -0.26 over 3 years, -0.34 over 1 year and -0.22 over 5 years.
Is CRWS a good diversifier for ANNA?
Yes. With a correlation of -0.26, ANNA and CRWS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
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/anna-vs-crws.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/anna-vs-crws/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ANNA correlations · CRWS correlations
