AUUD vs AZO: Correlation
Measured on weekly returns over the past three years, Auddia Inc. (AUUD) and AutoZone (AZO) carry a correlation of -0.20, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AUUD and AZO?
On 3 years of weekly data the AUUD/AZO correlation comes out at -0.20, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.13 lands near the 3-year figure. The 5-year figure is -0.07, and annualized covariance runs at -507.1 %².
Among the 19 assets we track against AUUD, AZO ranks #9 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months AZO outperformed by 64.3 percentage points (-94.6% for AUUD against -30.3% for AZO). Note the risk asymmetry: AUUD runs 4.6 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
AUUD vs AZO: side by side
| AUUD (Auddia Inc.) | AZO (AutoZone) | |
|---|---|---|
| 1-year return | -94.6% | -30.3% |
| 5-year return | -100.0% | +88.5% |
| Volatility (ann.) | 107.6% | 23.2% |
| Beta vs S&P 500 | -0.10 | 0.31 |
| Max drawdown (3Y) | -99.9% | -32.9% |
| Market cap | – | – |
| P/E (trailing) | 0.2 | 20.6 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | AUUD | AZO |
|---|---|---|
| 2022 | -46.1% | +17.6% |
| 2023 | -74.0% | +4.8% |
| 2024 | -91.8% | +23.8% |
| 2025 | -88.8% | +5.9% |
| 2026 | -86.7% | -13.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AUUD and AZO good diversifiers for each other?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
FAQ
What is the correlation between AUUD and AZO?
As of 2026-08-27, the correlation of weekly returns between AUUD and AZO is -0.20 over 3 years, -0.13 over 1 year and -0.07 over 5 years.
Is AZO a good diversifier for AUUD?
By historical standards, yes. A correlation of -0.20 means the two rarely move for the same reasons.
What does a correlation of -0.20 mean?
On the −1 to +1 scale, -0.20 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/auud-vs-azo.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/auud-vs-azo/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AUUD correlations · AZO correlations
