AUPH vs CHNR: Correlation
Measured on weekly returns over the past three years, Aurinia Pharmaceuticals Inc (AUPH) and China Natural Resources, Inc. (CHNR) carry a correlation of -0.28, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AUPH and CHNR?
Across a 3-year window, the weekly returns of AUPH and CHNR correlate at -0.28, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.19 over 1 year against -0.28 over 3. Stretching to 5 years gives -0.12, with an annualized covariance of -991.7 %².
Out of 20 assets tracked against AUPH, CHNR lands near the bottom at #18. Their recent paths diverged sharply: over the last 12 months AUPH outperformed by 27.8 percentage points (+36.0% for AUPH against +8.2% for CHNR). Risk is not evenly split, since CHNR carries 2.0 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.
AUPH vs CHNR: side by side
| AUPH (Aurinia Pharmaceuticals Inc) | CHNR (China Natural Resources, Inc.) | |
|---|---|---|
| 1-year return | +36.0% | +8.2% |
| 5-year return | -3.2% | -91.7% |
| Volatility (ann.) | 41.8% | 83.4% |
| Beta vs S&P 500 | 0.59 | 0.65 |
| Max drawdown (3Y) | -52.8% | -88.4% |
| Market cap | $2.2B | – |
| P/E (trailing) | 7.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AUPH | CHNR |
|---|---|---|
| 2022 | -81.1% | -34.5% |
| 2023 | +108.1% | -16.3% |
| 2024 | -0.1% | -57.2% |
| 2025 | +77.6% | -33.8% |
| 2026 | +3.3% | +13.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AUPH and CHNR good diversifiers for each other?
By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.
FAQ
What is the correlation between AUPH and CHNR?
Using weekly returns as of 2026-08-27: -0.28 over 3 years, with -0.19 over the last year and -0.12 over 5 years.
Is CHNR a good diversifier for AUPH?
By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.
What does a correlation of -0.28 mean?
A reading of -0.28 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/auph-vs-chnr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/auph-vs-chnr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AUPH correlations · CHNR correlations
