AUNA vs DCBO: Correlation
Measured on weekly returns over the past three years, Auna SA Class A (AUNA) and Docebo Inc. (DCBO) carry a correlation of -0.22, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AUNA and DCBO?
On 3 years of weekly data the AUNA/DCBO correlation comes out at -0.22, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.12 lands near the 3-year figure. The 5-year figure is n/a, and annualized covariance runs at -526.6 %².
Out of 16 assets tracked against AUNA, DCBO lands near the bottom at #14. Their 12-month results are close: -18.8% for AUNA against -18.1% for DCBO.
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.
AUNA vs DCBO: side by side
| AUNA (Auna SA Class A) | DCBO (Docebo Inc.) | |
|---|---|---|
| 1-year return | -18.8% | -18.1% |
| 5-year return | n/a | -69.8% |
| Volatility (ann.) | 53.1% | 45.4% |
| Beta vs S&P 500 | 0.73 | 1.27 |
| Max drawdown (3Y) | -61.1% | -73.0% |
| Market cap | $0.4B | $0.6B |
| P/E (trailing) | 85.2 | 22.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AUNA | DCBO |
|---|---|---|
| 2022 | – | -50.8% |
| 2023 | – | +46.0% |
| 2024 | – | -7.5% |
| 2025 | -28.3% | -50.4% |
| 2026 | +3.9% | +14.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AUNA and DCBO good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between AUNA and DCBO?
Using weekly returns as of 2026-08-27: -0.22 over 3 years, with -0.12 over the last year and n/a over 5 years.
Is DCBO a good diversifier for AUNA?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 mean?
On the −1 to +1 scale, -0.22 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/auna-vs-dcbo.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/auna-vs-dcbo/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AUNA correlations · DCBO correlations