AUDC vs NET: Correlation
AudioCodes Ltd. (AUDC) and Cloudflare, Inc. (NET) show a moderate relationship: their 3-year correlation of weekly returns is 0.55.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AUDC and NET?
Across a 3-year window, the weekly returns of AUDC and NET correlate at 0.55, moderate. The link has loosened recently: the 1-year correlation (0.44) runs below the 3-year figure (0.55). Stretching to 5 years gives 0.39, with an annualized covariance of 1341.6 %².
NET is one of the assets that tracks AUDC most closely: it ranks #1 out of the 12 assets we track against AUDC. The last year tells two different stories: NET led by 36.3 percentage points, +13.9% for AUDC against +50.2% for NET.
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.
AUDC vs NET: side by side
| AUDC (AudioCodes Ltd.) | NET (Cloudflare, Inc.) | |
|---|---|---|
| 1-year return | +13.9% | +50.2% |
| 5-year return | -62.9% | +149.7% |
| Volatility (ann.) | 45.8% | 53.7% |
| Beta vs S&P 500 | 1.24 | 1.68 |
| Max drawdown (3Y) | -46.4% | -45.0% |
| Market cap | $0.2B | $109.8B |
| P/E (trailing) | 40.9 | – |
| Dividend yield | 3.98% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AUDC | NET |
|---|---|---|
| 2022 | -47.8% | -65.6% |
| 2023 | -30.7% | +84.2% |
| 2024 | -16.8% | +29.3% |
| 2025 | -7.1% | +83.1% |
| 2026 | +22.9% | +56.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AUDC and NET good diversifiers for each other?
Only partially. A correlation of 0.55 means AUDC and NET share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between AUDC and NET?
As of 2026-08-27, the correlation of weekly returns between AUDC and NET is 0.55 over 3 years, 0.44 over 1 year and 0.39 over 5 years.
Is NET a good diversifier for AUDC?
Only partially. A correlation of 0.55 means AUDC and NET share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.55 mean?
On the −1 to +1 scale, 0.55 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/audc-vs-net.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/audc-vs-net/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AUDC correlations · NET correlations
