AURE vs BRID: Correlation
How closely do Aurelion Inc. - Class A (AURE) and Bridgford Foods Corporation (BRID) trade together? Their weekly returns over three years give a correlation of 0.28, which is weak.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AURE and BRID?
Over the past 3 years, AURE and BRID moved with a correlation of 0.28, which is weak. The past 12 months show a weaker link (0.10) than the 3-year average (0.28). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 1053.6 %².
Few assets follow AURE as closely as BRID, which ranks #3 of 12 tracked partners. Their recent paths diverged sharply: over the last 12 months BRID outperformed by 50.6 percentage points (-68.5% for AURE against -17.9% for BRID). Risk is not evenly split, since AURE carries 3.4 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.
AURE vs BRID: side by side
| AURE (Aurelion Inc. - Class A) | BRID (Bridgford Foods Corporation) | |
|---|---|---|
| 1-year return | -68.5% | -17.9% |
| 5-year return | n/a | -53.4% |
| Volatility (ann.) | 112.7% | 33.3% |
| Beta vs S&P 500 | 0.59 | 0.31 |
| Max drawdown (3Y) | -97.8% | -54.0% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AURE | BRID |
|---|---|---|
| 2022 | – | -1.6% |
| 2023 | – | -7.7% |
| 2024 | -38.1% | -2.2% |
| 2025 | -80.8% | -27.5% |
| 2026 | -35.2% | -21.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AURE and BRID good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.28 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AURE and BRID?
Using weekly returns as of 2026-08-27: 0.28 over 3 years, with 0.10 over the last year and n/a over 5 years.
Is BRID a good diversifier for AURE?
Yes, to a useful degree: a correlation of 0.28 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.28 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/aure-vs-brid.json
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[](https://www.pairbook.io/pair/aure-vs-brid/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AURE correlations · BRID correlations
