AUUD vs WRB: Correlation
Measured on weekly returns over the past three years, Auddia Inc. (AUUD) and W. R. Berkley Corporation (WRB) carry a correlation of -0.24, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AUUD and WRB?
Across a 3-year window, the weekly returns of AUUD and WRB correlate at -0.24, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.12 versus -0.24 over 3 years. Stretching to 5 years gives -0.16, with an annualized covariance of -581.3 %².
Out of 19 assets tracked against AUUD, WRB lands near the bottom at #17. Their recent paths diverged sharply: over the last 12 months WRB outperformed by 92.6 percentage points (-94.6% for AUUD against -2.0% for WRB). One caveat on sizing: AUUD is 4.8 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 WRB: side by side
| AUUD (Auddia Inc.) | WRB (W. R. Berkley Corporation) | |
|---|---|---|
| 1-year return | -94.6% | -2.0% |
| 5-year return | -100.0% | +130.5% |
| Volatility (ann.) | 107.6% | 22.5% |
| Beta vs S&P 500 | -0.10 | 0.19 |
| Max drawdown (3Y) | -99.9% | -17.6% |
| Market cap | – | $25.4B |
| P/E (trailing) | 0.2 | 14.1 |
| Dividend yield | 0.00% | 0.54% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | AUUD | WRB |
|---|---|---|
| 2022 | -46.1% | +33.9% |
| 2023 | -74.0% | +0.2% |
| 2024 | -91.8% | +27.2% |
| 2025 | -88.8% | +23.0% |
| 2026 | -86.7% | -1.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AUUD and WRB good diversifiers for each other?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AUUD and WRB?
Using weekly returns as of 2026-08-27: -0.24 over 3 years, with -0.12 over the last year and -0.16 over 5 years.
Is WRB a good diversifier for AUUD?
Yes: at -0.24, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.24 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/auud-vs-wrb.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/auud-vs-wrb/)
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Related comparisons
Hubs: AUUD correlations · WRB correlations
