AUC vs CHT: Correlation
Measured on weekly returns over the past three years, ATIF Holdings Limited (AUC) and Chunghwa Telecom Co., Ltd. (CHT) carry a correlation of -0.17, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AUC and CHT?
On 3 years of weekly data the AUC/CHT correlation comes out at -0.17, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.13) sits close to the 3-year figure. The 5-year figure is -0.12, and annualized covariance runs at -216.3 %².
By 3-year correlation, CHT places #11 of the 24 assets tracked against AUC. Their recent paths diverged sharply: over the last 12 months AUC outperformed by 15.6 percentage points (+17.2% for AUC against +1.6% for CHT). Risk is not evenly split, since AUC carries 9.1 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.
AUC vs CHT: side by side
| AUC (ATIF Holdings Limited) | CHT (Chunghwa Telecom Co., Ltd.) | |
|---|---|---|
| 1-year return | +17.2% | +1.6% |
| 5-year return | -88.8% | +29.5% |
| Volatility (ann.) | 108.2% | 11.9% |
| Beta vs S&P 500 | -0.39 | 0.20 |
| Max drawdown (3Y) | -88.5% | -11.0% |
| Market cap | $0.1B | $33.3B |
| P/E (trailing) | – | 26.9 |
| Dividend yield | 0.00% | 12.12% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AUC | CHT |
|---|---|---|
| 2022 | -30.4% | -10.0% |
| 2023 | -53.3% | +11.1% |
| 2024 | +2.5% | +0.2% |
| 2025 | -70.6% | +14.9% |
| 2026 | +19.9% | +7.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AUC and CHT good diversifiers for each other?
By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.
FAQ
What is the correlation between AUC and CHT?
The AUC/CHT correlation stands at -0.17 on a 3-year window (1 year: -0.13, 5 years: -0.12), computed from weekly returns as of 2026-08-27.
Is CHT a good diversifier for AUC?
By historical standards, yes. A correlation of -0.17 means the two rarely move for the same reasons.
What does a correlation of -0.17 mean?
On the −1 to +1 scale, -0.17 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/auc-vs-cht.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/auc-vs-cht/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AUC correlations · CHT correlations
