AUPH vs GXAI: Correlation
Measured on weekly returns over the past three years, Aurinia Pharmaceuticals Inc (AUPH) and Gaxos.ai Inc. (GXAI) carry a correlation of -0.26, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AUPH and GXAI?
Over the past 3 years, AUPH and GXAI moved with a correlation of -0.26, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.08 versus -0.26 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -2077.9 %².
Within AUPH's tracked universe of 20 assets, GXAI comes in at #14 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months AUPH outperformed by 95.6 percentage points (+36.0% for AUPH against -59.6% for GXAI). Risk is not evenly split, since GXAI carries 4.6 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 GXAI: side by side
| AUPH (Aurinia Pharmaceuticals Inc) | GXAI (Gaxos.ai Inc.) | |
|---|---|---|
| 1-year return | +36.0% | -59.6% |
| 5-year return | -3.2% | n/a |
| Volatility (ann.) | 41.8% | 191.3% |
| Beta vs S&P 500 | 0.59 | 0.51 |
| Max drawdown (3Y) | -52.8% | -93.5% |
| 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 | GXAI |
|---|---|---|
| 2022 | -81.1% | – |
| 2023 | +108.1% | – |
| 2024 | -0.1% | -37.0% |
| 2025 | +77.6% | -58.4% |
| 2026 | +3.3% | -24.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AUPH and GXAI good diversifiers for each other?
Yes. With a correlation of -0.26, AUPH and GXAI have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between AUPH and GXAI?
The AUPH/GXAI correlation stands at -0.26 on a 3-year window (1 year: 0.08, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is GXAI a good diversifier for AUPH?
Yes. With a correlation of -0.26, AUPH and GXAI have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.26 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.
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Related comparisons
Hubs: AUPH correlations · GXAI correlations
