AUST vs AYA: Correlation
Austin Gold Corp. (AUST) and Aya Gold & Silver Inc. (AYA) show a moderate relationship: their 3-year correlation of weekly returns is 0.50.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AUST and AYA?
Across a 3-year window, the weekly returns of AUST and AYA correlate at 0.50, moderate. The past 12 months show a tighter link (0.69) than the 3-year average (0.50). Stretching to 5 years gives 0.47, with an annualized covariance of 3320.2 %².
By 3-year correlation, AYA places #5 of the 13 assets tracked against AUST. Their recent paths diverged sharply: over the last 12 months AYA outperformed by 232.5 percentage points (-19.9% for AUST against +212.6% for AYA).
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.
AUST vs AYA: side by side
| AUST (Austin Gold Corp.) | AYA (Aya Gold & Silver Inc.) | |
|---|---|---|
| 1-year return | -19.9% | +212.6% |
| 5-year return | -71.4% | +267.0% |
| Volatility (ann.) | 89.9% | 73.7% |
| Beta vs S&P 500 | 0.92 | 1.95 |
| Max drawdown (3Y) | -70.3% | -56.1% |
| Market cap | – | $4.2B |
| P/E (trailing) | – | 36.2 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AUST | AYA |
|---|---|---|
| 2022 | – | -11.0% |
| 2023 | -21.6% | +10.4% |
| 2024 | +69.6% | +2.0% |
| 2025 | +17.9% | +92.4% |
| 2026 | -15.5% | +103.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AUST and AYA good diversifiers for each other?
Only partially. A correlation of 0.50 means AUST and AYA share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between AUST and AYA?
Using weekly returns as of 2026-08-27: 0.50 over 3 years, with 0.69 over the last year and 0.47 over 5 years.
Is AYA a good diversifier for AUST?
Only partially. A correlation of 0.50 means AUST and AYA share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.50 mean?
A reading of 0.50 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/aust-vs-aya.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/aust-vs-aya/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AUST correlations · AYA correlations
