AUPH vs PLCE: Correlation
How closely do Aurinia Pharmaceuticals Inc (AUPH) and Children's Place, Inc. (The) (PLCE) trade together? Their weekly returns over three years give a correlation of -0.24, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AUPH and PLCE?
Over the past 3 years, AUPH and PLCE moved with a correlation of -0.24, which is negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at 0.05 versus -0.24 over 3 years. Over 5 years the correlation is -0.08, and the annualized covariance of weekly returns is -1579.4 %².
Among the 20 assets we track against AUPH, PLCE ranks #11 by 3-year correlation. Correlation aside, the last 12 months split them widely, with AUPH ahead by 83.1 points (+36.0% versus -47.1%). Risk is not evenly split, since PLCE carries 3.8 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 PLCE: side by side
| AUPH (Aurinia Pharmaceuticals Inc) | PLCE (Children's Place, Inc. (The)) | |
|---|---|---|
| 1-year return | +36.0% | -47.1% |
| 5-year return | -3.2% | -97.2% |
| Volatility (ann.) | 41.8% | 159.8% |
| Beta vs S&P 500 | 0.59 | 2.28 |
| Max drawdown (3Y) | -52.8% | -92.3% |
| Market cap | $2.2B | $0.1B |
| P/E (trailing) | 7.3 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AUPH | PLCE |
|---|---|---|
| 2022 | -81.1% | -54.1% |
| 2023 | +108.1% | -36.2% |
| 2024 | -0.1% | -55.0% |
| 2025 | +77.6% | -62.0% |
| 2026 | +3.3% | -38.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AUPH and PLCE good diversifiers for each other?
Yes. With a correlation of -0.24, AUPH and PLCE have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between AUPH and PLCE?
As of 2026-08-27, the correlation of weekly returns between AUPH and PLCE is -0.24 over 3 years, 0.05 over 1 year and -0.08 over 5 years.
Is PLCE a good diversifier for AUPH?
Yes. With a correlation of -0.24, AUPH and PLCE have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.24 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 · PLCE correlations
