AUNA vs HY: Correlation
Auna SA Class A (AUNA) and Hyster-Yale, Inc. (HY) show a moderate relationship: their 3-year correlation of weekly returns is 0.42.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AUNA and HY?
Across a 3-year window, the weekly returns of AUNA and HY correlate at 0.42, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.20 versus 0.42 over 3 years. Stretching to 5 years gives n/a, with an annualized covariance of 1045.2 %².
By 3-year correlation, HY places #4 of the 16 assets tracked against AUNA. On 12-month performance HY holds a 12.5-point edge, -18.8% against -6.3%.
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 HY: side by side
| AUNA (Auna SA Class A) | HY (Hyster-Yale, Inc.) | |
|---|---|---|
| 1-year return | -18.8% | -6.3% |
| 5-year return | n/a | -30.4% |
| Volatility (ann.) | 53.1% | 45.8% |
| Beta vs S&P 500 | 0.73 | 1.17 |
| Max drawdown (3Y) | -61.1% | -66.4% |
| Market cap | $0.4B | $0.6B |
| P/E (trailing) | 85.2 | – |
| Dividend yield | 0.00% | 4.17% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AUNA | HY |
|---|---|---|
| 2022 | – | -35.9% |
| 2023 | – | +153.4% |
| 2024 | – | -16.3% |
| 2025 | -28.3% | -39.5% |
| 2026 | +3.9% | +19.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AUNA and HY good diversifiers for each other?
Reasonably. At 0.42, AUNA and HY keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between AUNA and HY?
As of 2026-08-27, the correlation of weekly returns between AUNA and HY is 0.42 over 3 years, 0.20 over 1 year and n/a over 5 years.
Is HY a good diversifier for AUNA?
Reasonably. At 0.42, AUNA and HY keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.42 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/auna-vs-hy.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/auna-vs-hy/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AUNA correlations · HY correlations
