AZIO vs JCTC: Correlation
Azio AI Holdings, Inc. (AZIO) and Jewett-Cameron Trading Company (JCTC) show a negative relationship: their 3-year correlation of weekly returns is -0.30.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AZIO and JCTC?
On 3 years of weekly data the AZIO/JCTC correlation comes out at -0.30, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.38) sits close to the 3-year figure. The 5-year figure is -0.23, and annualized covariance runs at -5285.5 %².
JCTC is close to the least connected end of AZIO's tracked universe, ranking #17 of 18. Correlation aside, the last 12 months split them widely, with JCTC ahead by 24.7 points (-43.5% versus -18.8%). Note the risk asymmetry: AZIO runs 9.1 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 JCTC: side by side
| AZIO (Azio AI Holdings, Inc.) | JCTC (Jewett-Cameron Trading Company) | |
|---|---|---|
| 1-year return | -43.5% | -18.8% |
| 5-year return | -97.5% | -72.2% |
| Volatility (ann.) | 404.0% | 44.2% |
| Beta vs S&P 500 | 1.20 | 0.37 |
| Max drawdown (3Y) | -98.8% | -74.1% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AZIO | JCTC |
|---|---|---|
| 2022 | -52.7% | -32.4% |
| 2023 | -36.2% | -4.7% |
| 2024 | -11.0% | -14.5% |
| 2025 | -97.0% | -51.5% |
| 2026 | +276.0% | +30.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AZIO and JCTC good diversifiers for each other?
Yes. With a correlation of -0.30, AZIO and JCTC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between AZIO and JCTC?
The AZIO/JCTC correlation stands at -0.30 on a 3-year window (1 year: -0.38, 5 years: -0.23), computed from weekly returns as of 2026-08-27.
Is JCTC a good diversifier for AZIO?
Yes. With a correlation of -0.30, AZIO and JCTC have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.30 mean?
On the −1 to +1 scale, -0.30 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/azio-vs-jctc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/azio-vs-jctc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AZIO correlations · JCTC correlations
