ANRO vs WGO: Correlation
Measured on weekly returns over the past three years, Alto Neuroscience, Inc. (ANRO) and Winnebago Industries, Inc. (WGO) carry a correlation of 0.42, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ANRO and WGO?
Over the past 3 years, ANRO and WGO moved with a correlation of 0.42, which is moderate. The past 12 months show a tighter link (0.53) than the 3-year average (0.42). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 2145.5 %².
In ANRO's tracked universe of 16 assets, WGO sits right near the top at #1. The last year tells two different stories: ANRO led by 794.4 percentage points, +781.1% for ANRO against -13.3% for WGO. One caveat on sizing: ANRO is 2.6 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.
ANRO vs WGO: side by side
| ANRO (Alto Neuroscience, Inc.) | WGO (Winnebago Industries, Inc.) | |
|---|---|---|
| 1-year return | +781.1% | -13.3% |
| 5-year return | n/a | -52.5% |
| Volatility (ann.) | 113.2% | 43.3% |
| Beta vs S&P 500 | 1.90 | 1.09 |
| Max drawdown (3Y) | -91.7% | -60.5% |
| Market cap | $1.4B | $0.9B |
| P/E (trailing) | – | 22.3 |
| Dividend yield | 0.00% | 4.51% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ANRO | WGO |
|---|---|---|
| 2022 | – | -28.7% |
| 2023 | – | +40.9% |
| 2024 | – | -33.1% |
| 2025 | +320.8% | -11.9% |
| 2026 | +103.9% | -22.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ANRO and WGO good diversifiers for each other?
Reasonably. At 0.42, ANRO and WGO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ANRO and WGO?
Using weekly returns as of 2026-08-27: 0.42 over 3 years, with 0.53 over the last year and n/a over 5 years.
Is WGO a good diversifier for ANRO?
Reasonably. At 0.42, ANRO and WGO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.42 mean?
A reading of 0.42 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: ANRO correlations · WGO correlations
