ANNA vs EMR: Correlation
How closely do AleAnna, Inc. (ANNA) and Emerson Electric (EMR) trade together? Their weekly returns over three years give a correlation of -0.15, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANNA and EMR?
On 3 years of weekly data the ANNA/EMR correlation comes out at -0.15, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.41 versus -0.15 over 3 years. The 5-year figure is -0.12, and annualized covariance runs at -370.3 %².
Among the 103 assets we track against ANNA, EMR ranks #14 by 3-year correlation. The last year tells two different stories: EMR led by 54.3 percentage points, -34.3% for ANNA against +20.0% for EMR. Note the risk asymmetry: ANNA runs 3.1 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.
ANNA vs EMR: side by side
| ANNA (AleAnna, Inc.) | EMR (Emerson Electric) | |
|---|---|---|
| 1-year return | -34.3% | +20.0% |
| 5-year return | -71.7% | +65.4% |
| Volatility (ann.) | 88.7% | 28.3% |
| Beta vs S&P 500 | -0.92 | 1.29 |
| Max drawdown (3Y) | -86.3% | -29.6% |
| Market cap | $0.1B | $88.0B |
| P/E (trailing) | 14.7 | 34.5 |
| Dividend yield | 0.00% | 1.39% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | ANNA | EMR |
|---|---|---|
| 2022 | – | +5.7% |
| 2023 | +7.3% | +3.8% |
| 2024 | -37.6% | +29.7% |
| 2025 | -57.6% | +8.9% |
| 2026 | -3.0% | +20.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANNA and EMR good diversifiers for each other?
Yes: at -0.15, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ANNA and EMR?
The ANNA/EMR correlation stands at -0.15 on a 3-year window (1 year: -0.41, 5 years: -0.12), computed from weekly returns as of 2026-08-27.
Is EMR a good diversifier for ANNA?
Yes: at -0.15, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.15 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-emr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/anna-vs-emr/)
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Related comparisons
Hubs: ANNA correlations · EMR correlations
