AUPH vs VGAS: Correlation
Aurinia Pharmaceuticals Inc (AUPH) and Verde Clean Fuels, Inc. (VGAS) show a negative relationship: their 3-year correlation of weekly returns is -0.26.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AUPH and VGAS?
Over the past 3 years, AUPH and VGAS moved with a correlation of -0.26, which is negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (0.04) than the 3-year average (-0.26). Over 5 years the correlation is -0.13, and the annualized covariance of weekly returns is -1036.4 %².
Among the 20 assets we track against AUPH, VGAS ranks #15 by 3-year correlation. Correlation aside, the last 12 months split them widely, with AUPH ahead by 90.5 points (+36.0% versus -54.5%). One caveat on sizing: VGAS is 2.3 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 VGAS: side by side
| AUPH (Aurinia Pharmaceuticals Inc) | VGAS (Verde Clean Fuels, Inc.) | |
|---|---|---|
| 1-year return | +36.0% | -54.5% |
| 5-year return | -3.2% | -86.2% |
| Volatility (ann.) | 41.8% | 94.3% |
| Beta vs S&P 500 | 0.59 | 0.91 |
| Max drawdown (3Y) | -52.8% | -82.3% |
| 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 | VGAS |
|---|---|---|
| 2022 | -81.1% | -8.2% |
| 2023 | +108.1% | -74.1% |
| 2024 | -0.1% | +72.2% |
| 2025 | +77.6% | -49.3% |
| 2026 | +3.3% | -34.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AUPH and VGAS good diversifiers for each other?
Yes. With a correlation of -0.26, AUPH and VGAS have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between AUPH and VGAS?
Using weekly returns as of 2026-08-27: -0.26 over 3 years, with 0.04 over the last year and -0.13 over 5 years.
Is VGAS a good diversifier for AUPH?
Yes. With a correlation of -0.26, AUPH and VGAS 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/auph-vs-vgas.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/auph-vs-vgas/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AUPH correlations · VGAS correlations
