AZIO vs BOX: Correlation
Azio AI Holdings, Inc. (AZIO) and Box, Inc. (BOX) show a negative relationship: their 3-year correlation of weekly returns is -0.24.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AZIO and BOX?
Over the past 3 years, AZIO and BOX moved with a correlation of -0.24, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.39) than the 3-year average (-0.24). Over 5 years the correlation is -0.16, and the annualized covariance of weekly returns is -3078.9 %².
Among the 18 assets we track against AZIO, BOX sits near the bottom by co-movement, at rank #14. Their recent paths diverged sharply: over the last 12 months BOX outperformed by 50.5 percentage points (-43.5% for AZIO against +7.0% for BOX). One caveat on sizing: AZIO is 12.9 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.
AZIO vs BOX: side by side
| AZIO (Azio AI Holdings, Inc.) | BOX (Box, Inc.) | |
|---|---|---|
| 1-year return | -43.5% | +7.0% |
| 5-year return | -97.5% | +35.7% |
| Volatility (ann.) | 404.0% | 31.3% |
| Beta vs S&P 500 | 1.20 | 0.61 |
| Max drawdown (3Y) | -98.8% | -44.6% |
| Market cap | – | $4.8B |
| P/E (trailing) | – | 48.9 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AZIO | BOX |
|---|---|---|
| 2022 | -52.7% | +18.9% |
| 2023 | -36.2% | -17.7% |
| 2024 | -11.0% | +23.4% |
| 2025 | -97.0% | -5.3% |
| 2026 | +276.0% | +16.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AZIO and BOX good diversifiers for each other?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
FAQ
What is the correlation between AZIO and BOX?
The AZIO/BOX correlation stands at -0.24 on a 3-year window (1 year: -0.39, 5 years: -0.16), computed from weekly returns as of 2026-08-27.
Is BOX a good diversifier for AZIO?
By historical standards, yes. A correlation of -0.24 means the two rarely move for the same reasons.
What does a correlation of -0.24 mean?
A reading of -0.24 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/azio-vs-box.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/azio-vs-box/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AZIO correlations · BOX correlations
