ANNA vs GM: Correlation
How closely do AleAnna, Inc. (ANNA) and General Motors (GM) trade together? Their weekly returns over three years give a correlation of -0.17, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANNA and GM?
On 3 years of weekly data the ANNA/GM correlation comes out at -0.17, negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.31 versus -0.17 over 3 years. The 5-year figure is -0.13, and annualized covariance runs at -486.2 %².
Within ANNA's tracked universe of 103 assets, GM comes in at #28 by 3-year correlation. Correlation aside, the last 12 months split them widely, with GM ahead by 82.3 points (-34.3% versus +48.0%). Note the risk asymmetry: ANNA runs 2.8 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 GM: side by side
| ANNA (AleAnna, Inc.) | GM (General Motors) | |
|---|---|---|
| 1-year return | -34.3% | +48.0% |
| 5-year return | -71.7% | +82.5% |
| Volatility (ann.) | 88.7% | 32.2% |
| Beta vs S&P 500 | -0.92 | 0.98 |
| Max drawdown (3Y) | -86.3% | -29.1% |
| Market cap | $0.1B | $77.9B |
| P/E (trailing) | 14.7 | 38.6 |
| Dividend yield | 0.00% | 0.76% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | ANNA | GM |
|---|---|---|
| 2022 | – | -42.4% |
| 2023 | +7.3% | +7.9% |
| 2024 | -37.6% | +49.8% |
| 2025 | -57.6% | +54.2% |
| 2026 | -3.0% | +6.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANNA and GM good diversifiers for each other?
Yes: at -0.17, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ANNA and GM?
Using weekly returns as of 2026-08-27: -0.17 over 3 years, with -0.31 over the last year and -0.13 over 5 years.
Is GM a good diversifier for ANNA?
Yes: at -0.17, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.17 mean?
A reading of -0.17 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-gm.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/anna-vs-gm/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ANNA correlations · GM correlations
