AUC vs BR: Correlation
ATIF Holdings Limited (AUC) and Broadridge Financial Solutions (BR) show a negative relationship: their 3-year correlation of weekly returns is -0.18.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AUC and BR?
Across a 3-year window, the weekly returns of AUC and BR correlate at -0.18, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.28) than the 3-year average (-0.18). Stretching to 5 years gives -0.13, with an annualized covariance of -436.2 %².
Within AUC's tracked universe of 24 assets, BR comes in at #13 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months AUC outperformed by 44.8 percentage points (+17.2% for AUC against -27.6% for BR). One caveat on sizing: AUC is 4.8 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.
AUC vs BR: side by side
| AUC (ATIF Holdings Limited) | BR (Broadridge Financial Solutions) | |
|---|---|---|
| 1-year return | +17.2% | -27.6% |
| 5-year return | -88.8% | +16.0% |
| Volatility (ann.) | 108.2% | 22.6% |
| Beta vs S&P 500 | -0.39 | 0.65 |
| Max drawdown (3Y) | -88.5% | -48.2% |
| Market cap | $0.1B | $20.9B |
| P/E (trailing) | – | 18.9 |
| Dividend yield | 0.00% | 2.15% |
| Sector / category | US Listed | Industrials |
Year-by-year returns
| Year | AUC | BR |
|---|---|---|
| 2022 | -30.4% | -25.3% |
| 2023 | -53.3% | +56.2% |
| 2024 | +2.5% | +11.7% |
| 2025 | -70.6% | +0.3% |
| 2026 | +19.9% | -17.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AUC and BR good diversifiers for each other?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
FAQ
What is the correlation between AUC and BR?
Using weekly returns as of 2026-08-27: -0.18 over 3 years, with -0.28 over the last year and -0.13 over 5 years.
Is BR a good diversifier for AUC?
By historical standards, yes. A correlation of -0.18 means the two rarely move for the same reasons.
What does a correlation of -0.18 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/auc-vs-br.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/auc-vs-br/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AUC correlations · BR correlations