AUBN vs HOFT: Correlation
Auburn National Bancorporation, Inc. (AUBN) and Hooker Furnishings Corporation (HOFT) 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 AUBN and HOFT?
On 3 years of weekly data the AUBN/HOFT correlation comes out at 0.28, weak. Little has changed lately, as the 1-year reading of 0.33 lands near the 3-year figure. The 5-year figure is 0.22, and annualized covariance runs at 478.7 %².
By 3-year correlation, HOFT places #5 of the 12 assets tracked against AUBN. Their recent paths diverged sharply: over the last 12 months HOFT outperformed by 28.8 percentage points (+10.1% for AUBN against +38.9% for HOFT). Risk is not evenly split, since HOFT carries 1.7 times the volatility of the other side.
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.
AUBN vs HOFT: side by side
| AUBN (Auburn National Bancorporation, Inc.) | HOFT (Hooker Furnishings Corporation) | |
|---|---|---|
| 1-year return | +10.1% | +38.9% |
| 5-year return | -4.9% | -46.3% |
| Volatility (ann.) | 31.8% | 53.9% |
| Beta vs S&P 500 | 0.04 | 1.11 |
| Max drawdown (3Y) | -24.5% | -69.9% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | 10.9 | – |
| Dividend yield | 4.06% | 5.02% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AUBN | HOFT |
|---|---|---|
| 2022 | -26.0% | -15.7% |
| 2023 | -2.8% | +45.7% |
| 2024 | +16.3% | -43.3% |
| 2025 | +20.2% | -13.3% |
| 2026 | -0.2% | +21.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AUBN and HOFT 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 AUBN and HOFT?
As of 2026-08-27, the correlation of weekly returns between AUBN and HOFT is 0.28 over 3 years, 0.33 over 1 year and 0.22 over 5 years.
Is HOFT a good diversifier for AUBN?
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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aubn-vs-hoft.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/aubn-vs-hoft/)
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Related comparisons
Hubs: AUBN correlations · HOFT correlations
