APTV vs CATO: Correlation
Measured on weekly returns over the past three years, Aptiv (APTV) and Cato Corporation (The) (CATO) carry a correlation of 0.30, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are APTV and CATO?
On 3 years of weekly data the APTV/CATO correlation comes out at 0.30, moderate. Little has changed lately, as the 1-year reading of 0.39 lands near the 3-year figure. The 5-year figure is 0.28, and annualized covariance runs at 644.5 %².
By 3-year correlation, CATO places #21 of the 33 assets tracked against APTV. The trailing year gives CATO the advantage: -43.2% versus -31.8%, a 11.4-point spread.
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.
APTV vs CATO: side by side
| APTV (Aptiv) | CATO (Cato Corporation (The)) | |
|---|---|---|
| 1-year return | -43.2% | -31.8% |
| 5-year return | -70.3% | -80.5% |
| Volatility (ann.) | 37.7% | 56.2% |
| Beta vs S&P 500 | 0.76 | 0.62 |
| Max drawdown (3Y) | -56.5% | -69.4% |
| Market cap | $9.4B | $0.1B |
| P/E (trailing) | 20.9 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | APTV | CATO |
|---|---|---|
| 2022 | -43.5% | -42.2% |
| 2023 | -3.7% | -16.5% |
| 2024 | -32.6% | -39.8% |
| 2025 | +25.8% | -20.8% |
| 2026 | -40.3% | -13.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are APTV and CATO good diversifiers for each other?
Reasonably. At 0.30, APTV and CATO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between APTV and CATO?
Using weekly returns as of 2026-08-27: 0.30 over 3 years, with 0.39 over the last year and 0.28 over 5 years.
Is CATO a good diversifier for APTV?
Reasonably. At 0.30, APTV and CATO keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.30 mean?
On the −1 to +1 scale, 0.30 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/aptv-vs-cato.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/aptv-vs-cato/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: APTV correlations · CATO correlations
