AUPH vs PXLW: Correlation
Aurinia Pharmaceuticals Inc (AUPH) and Pixelworks, Inc. (PXLW) show a negative relationship: their 3-year correlation of weekly returns is -0.24.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AUPH and PXLW?
Over the past 3 years, AUPH and PXLW moved with a correlation of -0.24, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.28 lands near the 3-year figure. Over 5 years the correlation is -0.04, and the annualized covariance of weekly returns is -993.5 %².
Within AUPH's tracked universe of 20 assets, PXLW comes in at #12 by 3-year correlation. Correlation aside, the last 12 months split them widely, with AUPH ahead by 49.6 points (+36.0% versus -13.6%). One caveat on sizing: PXLW is 2.4 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 PXLW: side by side
| AUPH (Aurinia Pharmaceuticals Inc) | PXLW (Pixelworks, Inc.) | |
|---|---|---|
| 1-year return | +36.0% | -13.6% |
| 5-year return | -3.2% | -90.7% |
| Volatility (ann.) | 41.8% | 99.0% |
| Beta vs S&P 500 | 0.59 | 1.41 |
| Max drawdown (3Y) | -52.8% | -86.3% |
| 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 | PXLW |
|---|---|---|
| 2022 | -81.1% | -59.8% |
| 2023 | +108.1% | -26.0% |
| 2024 | -0.1% | -44.3% |
| 2025 | +77.6% | -27.4% |
| 2026 | +3.3% | +8.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AUPH and PXLW good diversifiers for each other?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AUPH and PXLW?
Using weekly returns as of 2026-08-27: -0.24 over 3 years, with -0.28 over the last year and -0.04 over 5 years.
Is PXLW a good diversifier for AUPH?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.24 mean?
A reading of -0.24 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-pxlw.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/auph-vs-pxlw/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AUPH correlations · PXLW correlations
