AUC vs LH: Correlation
Measured on weekly returns over the past three years, ATIF Holdings Limited (AUC) and Labcorp (LH) carry a correlation of -0.18, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AUC and LH?
Over the past 3 years, AUC and LH moved with a correlation of -0.18, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.14) sits close to the 3-year figure. Over 5 years the correlation is -0.11, and the annualized covariance of weekly returns is -408.9 %².
By 3-year correlation, LH places #16 of the 24 assets tracked against AUC. Their 12-month results are close: +17.2% for AUC against +21.8% for LH. Risk is not evenly split, since AUC carries 5.1 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 LH: side by side
| AUC (ATIF Holdings Limited) | LH (Labcorp) | |
|---|---|---|
| 1-year return | +17.2% | +21.8% |
| 5-year return | -88.8% | +36.0% |
| Volatility (ann.) | 108.2% | 21.4% |
| Beta vs S&P 500 | -0.39 | 0.33 |
| Max drawdown (3Y) | -88.5% | -17.4% |
| Market cap | $0.1B | $27.3B |
| P/E (trailing) | – | 27.8 |
| Dividend yield | 0.00% | 0.86% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | AUC | LH |
|---|---|---|
| 2022 | -30.4% | -24.4% |
| 2023 | -53.3% | +13.8% |
| 2024 | +2.5% | +2.2% |
| 2025 | -70.6% | +10.6% |
| 2026 | +19.9% | +34.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AUC and LH 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 LH?
As of 2026-08-27, the correlation of weekly returns between AUC and LH is -0.18 over 3 years, -0.14 over 1 year and -0.11 over 5 years.
Is LH 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-lh.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/auc-vs-lh/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AUC correlations · LH correlations
