PairBook
HomeANNA › ANNA vs FOSL

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

Correlation (3Y)
-0.19
negative
Correlation (1Y)
-0.37
last 12 months
Correlation (5Y)
-0.17
long-run
Ann. covariance
-1589.7
%² · weekly, annualized

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 500-0.921.49
Max drawdown (3Y)-86.3%-65.5%
Market cap$0.1B$0.3B
P/E (trailing)14.7
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: FOSL -65.5% vs -86.3%Higher 5y return: FOSL -60.8% vs -71.7%
-43%0%+102%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). ANNA · FOSL

Year-by-year returns

YearANNAFOSL
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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/anna-vs-fosl.json

ANNA vs FOSL: 3-year weekly correlation -0.19ANNA vs FOSL-0.19

Drop this badge in a README or notebook; it updates with the data:

[![ANNA vs FOSL correlation](https://www.pairbook.io/api/v1/badge/anna-vs-fosl.svg)](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