PairBook
HomeAVO › AVO vs NATR

AVO vs NATR: Correlation

Measured on weekly returns over the past three years, Mission Produce, Inc. (AVO) and Nature's Sunshine Products, Inc. (NATR) carry a correlation of 0.40, a moderate link.

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

Correlation (3Y)
0.40
moderate
Correlation (1Y)
0.34
last 12 months
Correlation (5Y)
0.32
long-run
Ann. covariance
629.2
%² · weekly, annualized

How correlated are AVO and NATR?

On 3 years of weekly data the AVO/NATR correlation comes out at 0.40, moderate. Little has changed lately, as the 1-year reading of 0.34 lands near the 3-year figure. The 5-year figure is 0.32, and annualized covariance runs at 629.2 %².

Within AVO's tracked universe of 10 assets, NATR comes in at #5 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months AVO outperformed by 17.8 percentage points (+0.3% for AVO against -17.5% for NATR).

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.

AVO vs NATR: side by side

AVO (Mission Produce, Inc.)NATR (Nature's Sunshine Products, Inc.)
1-year return+0.3%-17.5%
5-year return-38.9%-19.3%
Volatility (ann.)37.0%42.5%
Beta vs S&P 5000.400.33
Max drawdown (3Y)-34.1%-49.9%
Market cap$1.1B$0.2B
P/E (trailing)40.413.9
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Lower P/E: NATR 13.9 vs 40.4Smaller drawdown: AVO -34.1% vs -49.9%Higher 5y return: NATR -19.3% vs -38.9%
-21%0%+62%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. AVO · NATR

Year-by-year returns

YearAVONATR
2022-26.0%-55.0%
2023-13.2%+107.8%
2024+42.4%-15.2%
2025-19.3%+47.2%
2026+7.9%-35.5%

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

Are AVO and NATR good diversifiers for each other?

A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between AVO and NATR?

Using weekly returns as of 2026-08-27: 0.40 over 3 years, with 0.34 over the last year and 0.32 over 5 years.

Is NATR a good diversifier for AVO?

A fair diversifier. At 0.40, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.40 mean?

A reading of 0.40 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/avo-vs-natr.json

AVO vs NATR: 3-year weekly correlation 0.40AVO vs NATR0.40

Drop this badge in a README or notebook; it updates with the data:

[![AVO vs NATR correlation](https://www.pairbook.io/api/v1/badge/avo-vs-natr.svg)](https://www.pairbook.io/pair/avo-vs-natr/)

No key needed, free to use. Full endpoint list in the API documentation.

Related comparisons

Hubs: AVO correlations · NATR correlations