AX vs VALU: Correlation
How closely do Axos Financial, Inc. (AX) and Value Line, Inc. (VALU) trade together? Their weekly returns over three years give a correlation of 0.32, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AX and VALU?
Across a 3-year window, the weekly returns of AX and VALU correlate at 0.32, moderate. The relationship has been stable: the 1-year correlation (0.26) sits close to the 3-year figure. Stretching to 5 years gives 0.23, with an annualized covariance of 481.6 %².
VALU is close to the least connected end of AX's tracked universe, ranking #11 of 15. Twelve-month performance is nearly a tie, at +5.5% for AX and +0.7% for VALU.
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.
AX vs VALU: side by side
| AX (Axos Financial, Inc.) | VALU (Value Line, Inc.) | |
|---|---|---|
| 1-year return | +5.5% | +0.7% |
| 5-year return | +99.7% | +11.4% |
| Volatility (ann.) | 38.3% | 39.5% |
| Beta vs S&P 500 | 1.12 | 0.29 |
| Max drawdown (3Y) | -34.9% | -40.3% |
| Market cap | $5.5B | $0.3B |
| P/E (trailing) | 11.6 | 16.1 |
| Dividend yield | 0.00% | 3.58% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AX | VALU |
|---|---|---|
| 2022 | -31.6% | +10.3% |
| 2023 | +42.9% | -1.9% |
| 2024 | +27.9% | +11.3% |
| 2025 | +23.4% | -24.9% |
| 2026 | +13.0% | -1.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AX and VALU good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.32 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AX and VALU?
Using weekly returns as of 2026-08-27: 0.32 over 3 years, with 0.26 over the last year and 0.23 over 5 years.
Is VALU a good diversifier for AX?
Yes, to a useful degree: a correlation of 0.32 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.32 mean?
A reading of 0.32 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
$ curl https://www.pairbook.io/api/v1/pairs/ax-vs-valu.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ax-vs-valu/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AX correlations · VALU correlations
