AUUD vs INVH: Correlation
How closely do Auddia Inc. (AUUD) and Invitation Homes (INVH) trade together? Their weekly returns over three years give a correlation of -0.21, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AUUD and INVH?
Over the past 3 years, AUUD and INVH moved with a correlation of -0.21, which is negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.37) runs below the 3-year figure (-0.21). Over 5 years the correlation is -0.07, and the annualized covariance of weekly returns is -484.9 %².
Within AUUD's tracked universe of 19 assets, INVH comes in at #11 by 3-year correlation. Correlation aside, the last 12 months split them widely, with INVH ahead by 92.7 points (-94.6% versus -1.9%). Risk is not evenly split, since AUUD carries 5.1 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.
AUUD vs INVH: side by side
| AUUD (Auddia Inc.) | INVH (Invitation Homes) | |
|---|---|---|
| 1-year return | -94.6% | -1.9% |
| 5-year return | -100.0% | -16.8% |
| Volatility (ann.) | 107.6% | 21.2% |
| Beta vs S&P 500 | -0.10 | 0.50 |
| Max drawdown (3Y) | -99.9% | -30.9% |
| Market cap | – | $17.4B |
| P/E (trailing) | 0.2 | 27.3 |
| Dividend yield | 0.00% | 3.98% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | AUUD | INVH |
|---|---|---|
| 2022 | -46.1% | -33.0% |
| 2023 | -74.0% | +19.7% |
| 2024 | -91.8% | -3.1% |
| 2025 | -88.8% | -9.7% |
| 2026 | -86.7% | +7.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AUUD and INVH good diversifiers for each other?
Yes. With a correlation of -0.21, AUUD and INVH have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between AUUD and INVH?
As of 2026-08-27, the correlation of weekly returns between AUUD and INVH is -0.21 over 3 years, -0.37 over 1 year and -0.07 over 5 years.
Is INVH a good diversifier for AUUD?
Yes. With a correlation of -0.21, AUUD and INVH have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 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-invh.json
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Related comparisons
Hubs: AUUD correlations · INVH correlations
