ANNA vs HAS: Correlation
AleAnna, Inc. (ANNA) and Hasbro (HAS) show a negative relationship: their 3-year correlation of weekly returns is -0.18.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANNA and HAS?
Over the past 3 years, ANNA and HAS moved with a correlation of -0.18, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.33 versus -0.18 over 3 years. Over 5 years the correlation is -0.14, and the annualized covariance of weekly returns is -505.6 %².
Among the 103 assets we track against ANNA, HAS ranks #42 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months HAS outperformed by 53.5 percentage points (-34.3% for ANNA against +19.2% for HAS). One caveat on sizing: ANNA is 2.8 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 HAS: side by side
| ANNA (AleAnna, Inc.) | HAS (Hasbro) | |
|---|---|---|
| 1-year return | -34.3% | +19.2% |
| 5-year return | -71.7% | +17.1% |
| Volatility (ann.) | 88.7% | 31.7% |
| Beta vs S&P 500 | -0.92 | 0.86 |
| Max drawdown (3Y) | -86.3% | -40.3% |
| Market cap | $0.1B | $13.3B |
| P/E (trailing) | 14.7 | 17.1 |
| Dividend yield | 0.00% | 2.91% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | ANNA | HAS |
|---|---|---|
| 2022 | – | -37.9% |
| 2023 | +7.3% | -11.9% |
| 2024 | -37.6% | +14.8% |
| 2025 | -57.6% | +52.5% |
| 2026 | -3.0% | +17.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANNA and HAS good diversifiers for each other?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
FAQ
What is the correlation between ANNA and HAS?
The ANNA/HAS correlation stands at -0.18 on a 3-year window (1 year: -0.33, 5 years: -0.14), computed from weekly returns as of 2026-08-27.
Is HAS a good diversifier for ANNA?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
What does a correlation of -0.18 mean?
On the −1 to +1 scale, -0.18 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/anna-vs-has.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/anna-vs-has/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ANNA correlations · HAS correlations
