ARBE vs AUUD: Correlation
Arbe Robotics Ltd. (ARBE) and Auddia Inc. (AUUD) show a weak relationship: their 3-year correlation of weekly returns is 0.28.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ARBE and AUUD?
Across a 3-year window, the weekly returns of ARBE and AUUD correlate at 0.28, weak. Lately the two have moved closer together, with the 1-year correlation at 0.41 versus 0.28 over 3 years. Stretching to 5 years gives 0.21, with an annualized covariance of 2611.5 %².
Out of 14 assets tracked against ARBE, AUUD lands near the bottom at #11. Their recent paths diverged sharply: over the last 12 months ARBE outperformed by 42.5 percentage points (-52.1% for ARBE against -94.6% for AUUD).
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.
ARBE vs AUUD: side by side
| ARBE (Arbe Robotics Ltd.) | AUUD (Auddia Inc.) | |
|---|---|---|
| 1-year return | -52.1% | -94.6% |
| 5-year return | -93.4% | -100.0% |
| Volatility (ann.) | 87.7% | 107.6% |
| Beta vs S&P 500 | 2.41 | -0.10 |
| Max drawdown (3Y) | -86.1% | -99.9% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | 0.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ARBE | AUUD |
|---|---|---|
| 2022 | -63.3% | -46.1% |
| 2023 | -36.1% | -74.0% |
| 2024 | -14.7% | -91.8% |
| 2025 | -36.6% | -88.8% |
| 2026 | -43.6% | -86.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARBE and AUUD good diversifiers for each other?
A fair diversifier. At 0.28, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ARBE and AUUD?
Using weekly returns as of 2026-08-27: 0.28 over 3 years, with 0.41 over the last year and 0.21 over 5 years.
Is AUUD a good diversifier for ARBE?
A fair diversifier. At 0.28, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.28 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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Related comparisons
Hubs: ARBE correlations · AUUD correlations
