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AUUD vs BKR: Correlation

Auddia Inc. (AUUD) and Baker Hughes (BKR) show a negative relationship: their 3-year correlation of weekly returns is -0.19.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.19
negative
Correlation (1Y)
-0.29
last 12 months
Correlation (5Y)
-0.09
long-run
Ann. covariance
-655.6
%² · weekly, annualized

How correlated are AUUD and BKR?

Across a 3-year window, the weekly returns of AUUD and BKR correlate at -0.19, negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.29 over 1 year against -0.19 over 3. Stretching to 5 years gives -0.09, with an annualized covariance of -655.6 %².

Among the 19 assets we track against AUUD, BKR ranks #8 by 3-year correlation. The last year tells two different stories: BKR led by 135.5 percentage points, -94.6% for AUUD against +40.9% for BKR. Note the risk asymmetry: AUUD runs 3.3 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 BKR: side by side

AUUD (Auddia Inc.)BKR (Baker Hughes)
1-year return-94.6%+40.9%
5-year return-100.0%+205.5%
Volatility (ann.)107.6%32.2%
Beta vs S&P 500-0.100.61
Max drawdown (3Y)-99.9%-28.0%
Market cap$61.7B
P/E (trailing)0.219.9
Dividend yield0.00%1.48%
Sector / categoryUS ListedEnergy
Lower P/E: AUUD 0.2 vs 19.9Higher yield: BKR 1.48% vs 0.00%Smaller drawdown: BKR -28.0% vs -99.9%Higher 5y return: BKR +205.5% vs -100.0%
-95%0%+53%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). AUUD · BKR

Year-by-year returns

YearAUUDBKR
2022-46.1%+26.0%
2023-74.0%+18.6%
2024-91.8%+23.1%
2025-88.8%+13.4%
2026-86.7%+37.9%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are AUUD and BKR good diversifiers for each other?

By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.

FAQ

What is the correlation between AUUD and BKR?

The AUUD/BKR correlation stands at -0.19 on a 3-year window (1 year: -0.29, 5 years: -0.09), computed from weekly returns as of 2026-08-27.

Is BKR a good diversifier for AUUD?

By historical standards, yes. A correlation of -0.19 means the two rarely move for the same reasons.

What does a correlation of -0.19 mean?

A reading of -0.19 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

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/auud-vs-bkr.json

AUUD vs BKR: 3-year weekly correlation -0.19AUUD vs BKR-0.19

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[![AUUD vs BKR correlation](https://www.pairbook.io/api/v1/badge/auud-vs-bkr.svg)](https://www.pairbook.io/pair/auud-vs-bkr/)

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Related comparisons

Hubs: AUUD correlations · BKR correlations