AZIO vs RFIL: Correlation
Azio AI Holdings, Inc. (AZIO) and RF Industries, Ltd. (RFIL) show a moderate relationship: their 3-year correlation of weekly returns is 0.48.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AZIO and RFIL?
On 3 years of weekly data the AZIO/RFIL correlation comes out at 0.48, moderate. The past 12 months show a tighter link (0.61) than the 3-year average (0.48). The 5-year figure is 0.44, and annualized covariance runs at 13192.0 %².
Among the 18 assets we track against AZIO, RFIL ranks #4 by 3-year correlation. The last year tells two different stories: RFIL led by 90.9 percentage points, -43.5% for AZIO against +47.4% for RFIL. One caveat on sizing: AZIO is 6.0 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 RFIL: side by side
| AZIO (Azio AI Holdings, Inc.) | RFIL (RF Industries, Ltd.) | |
|---|---|---|
| 1-year return | -43.5% | +47.4% |
| 5-year return | -97.5% | +32.3% |
| Volatility (ann.) | 404.0% | 67.8% |
| Beta vs S&P 500 | 1.20 | 0.66 |
| Max drawdown (3Y) | -98.8% | -50.7% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | 83.5 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AZIO | RFIL |
|---|---|---|
| 2022 | -52.7% | -35.8% |
| 2023 | -36.2% | -40.9% |
| 2024 | -11.0% | +28.6% |
| 2025 | -97.0% | +47.8% |
| 2026 | +276.0% | +87.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AZIO and RFIL good diversifiers for each other?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between AZIO and RFIL?
The AZIO/RFIL correlation stands at 0.48 on a 3-year window (1 year: 0.61, 5 years: 0.44), computed from weekly returns as of 2026-08-27.
Is RFIL a good diversifier for AZIO?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.48 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.
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Related comparisons
Hubs: AZIO correlations · RFIL correlations
