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AUUD vs DGX: Correlation

Measured on weekly returns over the past three years, Auddia Inc. (AUUD) and Quest Diagnostics (DGX) carry a correlation of -0.20, a negative link.

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

Correlation (3Y)
-0.20
negative
Correlation (1Y)
-0.21
last 12 months
Correlation (5Y)
-0.14
long-run
Ann. covariance
-416.0
%² · weekly, annualized

How correlated are AUUD and DGX?

Over the past 3 years, AUUD and DGX moved with a correlation of -0.20, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.21) sits close to the 3-year figure. Over 5 years the correlation is -0.14, and the annualized covariance of weekly returns is -416.0 %².

Among the 19 assets we track against AUUD, DGX ranks #10 by 3-year correlation. The last year tells two different stories: DGX led by 133.1 percentage points, -94.6% for AUUD against +38.5% for DGX. One caveat on sizing: AUUD is 5.6 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.

AUUD vs DGX: side by side

AUUD (Auddia Inc.)DGX (Quest Diagnostics)
1-year return-94.6%+38.5%
5-year return-100.0%+78.8%
Volatility (ann.)107.6%19.1%
Beta vs S&P 500-0.100.09
Max drawdown (3Y)-99.9%-12.4%
Market cap$27.0B
P/E (trailing)0.226.0
Dividend yield0.00%1.36%
Sector / categoryUS ListedHealth Care
Lower P/E: AUUD 0.2 vs 26.0Higher yield: DGX 1.36% vs 0.00%Smaller drawdown: DGX -12.4% vs -99.9%Higher 5y return: DGX +78.8% vs -100.0%
-95%0%+36%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). AUUD · DGX

Year-by-year returns

YearAUUDDGX
2022-46.1%-7.8%
2023-74.0%-10.1%
2024-91.8%+11.8%
2025-88.8%+17.2%
2026-86.7%+42.8%

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

Are AUUD and DGX good diversifiers for each other?

Yes. With a correlation of -0.20, AUUD and DGX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

FAQ

What is the correlation between AUUD and DGX?

The AUUD/DGX correlation stands at -0.20 on a 3-year window (1 year: -0.21, 5 years: -0.14), computed from weekly returns as of 2026-08-27.

Is DGX a good diversifier for AUUD?

Yes. With a correlation of -0.20, AUUD and DGX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

What does a correlation of -0.20 mean?

A reading of -0.20 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.

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AUUD vs DGX: 3-year weekly correlation -0.20AUUD vs DGX-0.20

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Related comparisons

Hubs: AUUD correlations · DGX correlations