ANNA vs FOSL: Correlation
AleAnna, Inc. (ANNA) and Fossil Group, Inc. (FOSL) show a negative relationship: their 3-year correlation of weekly returns is -0.19.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANNA and FOSL?
Over the past 3 years, ANNA and FOSL moved with a correlation of -0.19, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.37) runs below the 3-year figure (-0.19). Over 5 years the correlation is -0.17, and the annualized covariance of weekly returns is -1589.7 %².
Among the 103 assets we track against ANNA, FOSL ranks #46 by 3-year correlation. Correlation aside, the last 12 months split them widely, with FOSL ahead by 110.1 points (-34.3% versus +75.8%).
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 FOSL: side by side
| ANNA (AleAnna, Inc.) | FOSL (Fossil Group, Inc.) | |
|---|---|---|
| 1-year return | -34.3% | +75.8% |
| 5-year return | -71.7% | -60.8% |
| Volatility (ann.) | 88.7% | 92.1% |
| Beta vs S&P 500 | -0.92 | 1.49 |
| Max drawdown (3Y) | -86.3% | -65.5% |
| Market cap | $0.1B | $0.3B |
| P/E (trailing) | 14.7 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ANNA | FOSL |
|---|---|---|
| 2022 | – | -58.1% |
| 2023 | +7.3% | -66.1% |
| 2024 | -37.6% | +14.4% |
| 2025 | -57.6% | +125.1% |
| 2026 | -3.0% | +43.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANNA and FOSL good diversifiers for each other?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
FAQ
What is the correlation between ANNA and FOSL?
The ANNA/FOSL correlation stands at -0.19 on a 3-year window (1 year: -0.37, 5 years: -0.17), computed from weekly returns as of 2026-08-27.
Is FOSL a good diversifier for ANNA?
By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.
What does a correlation of -0.19 mean?
A reading of -0.19 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/anna-vs-fosl.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/anna-vs-fosl/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ANNA correlations · FOSL correlations