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ANNA vs JACK: Correlation

AleAnna, Inc. (ANNA) and Jack In The Box Inc. (JACK) show a negative relationship: their 3-year correlation of weekly returns is -0.29.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.29
negative
Correlation (1Y)
-0.49
last 12 months
Correlation (5Y)
-0.27
long-run
Ann. covariance
-1523.0
%² · weekly, annualized

How correlated are ANNA and JACK?

Over the past 3 years, ANNA and JACK moved with a correlation of -0.29, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.49 versus -0.29 over 3 years. Over 5 years the correlation is -0.27, and the annualized covariance of weekly returns is -1523.0 %².

Within ANNA's tracked universe of 103 assets, JACK comes in at #98 by 3-year correlation. The last year tells two different stories: JACK led by 21.3 percentage points, -34.3% for ANNA against -13.0% for JACK. One caveat on sizing: ANNA is 1.5 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 JACK: side by side

ANNA (AleAnna, Inc.)JACK (Jack In The Box Inc.)
1-year return-34.3%-13.0%
5-year return-71.7%-83.5%
Volatility (ann.)88.7%58.3%
Beta vs S&P 500-0.921.31
Max drawdown (3Y)-86.3%-88.4%
Market cap$0.1B$0.3B
P/E (trailing)14.7
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: ANNA -86.3% vs -88.4%Higher 5y return: ANNA -71.7% vs -83.5%
-52%0%+102%2025-09-052026-08-27
Both assets over the last year, indexed to 100 at the starting week. ANNA · JACK

Year-by-year returns

YearANNAJACK
2022-20.2%
2023+7.3%+22.2%
2024-37.6%-47.3%
2025-57.6%-53.8%
2026-3.0%-16.1%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are ANNA and JACK good diversifiers for each other?

Yes: at -0.29, the two have gone their own ways historically, which is what genuine diversification looks like.

FAQ

What is the correlation between ANNA and JACK?

As of 2026-08-27, the correlation of weekly returns between ANNA and JACK is -0.29 over 3 years, -0.49 over 1 year and -0.27 over 5 years.

Is JACK a good diversifier for ANNA?

Yes: at -0.29, the two have gone their own ways historically, which is what genuine diversification looks like.

What does a correlation of -0.29 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.

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ANNA vs JACK: 3-year weekly correlation -0.29ANNA vs JACK-0.29

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Related comparisons

Hubs: ANNA correlations · JACK correlations