COHU vs KR: Correlation
Measured on weekly returns over the past three years, Cohu, Inc. (COHU) and Kroger (KR) carry a correlation of -0.28, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are COHU and KR?
Across a 3-year window, the weekly returns of COHU and KR correlate at -0.28, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.41) than the 3-year average (-0.28). Stretching to 5 years gives -0.13, with an annualized covariance of -290.4 %².
Among the 24 assets we track against COHU, KR sits near the bottom by co-movement, at rank #21. Their recent paths diverged sharply: over the last 12 months COHU outperformed by 169.2 percentage points (+154.8% for COHU against -14.4% for KR). One caveat on sizing: COHU is 1.9 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.
COHU vs KR: side by side
| COHU (Cohu, Inc.) | KR (Kroger) | |
|---|---|---|
| 1-year return | +154.8% | -14.4% |
| 5-year return | +41.3% | +37.3% |
| Volatility (ann.) | 44.8% | 23.4% |
| Beta vs S&P 500 | 1.74 | -0.16 |
| Max drawdown (3Y) | -64.7% | -26.2% |
| Market cap | $2.4B | – |
| P/E (trailing) | – | 33.3 |
| Dividend yield | 0.00% | 1.79% |
| Sector / category | US Listed | Consumer Staples |
Year-by-year returns
| Year | COHU | KR |
|---|---|---|
| 2022 | -15.9% | +0.4% |
| 2023 | +10.4% | +5.0% |
| 2024 | -24.6% | +36.9% |
| 2025 | -12.8% | +4.3% |
| 2026 | +122.1% | -7.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are COHU and KR good diversifiers for each other?
Yes: at -0.28, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between COHU and KR?
The COHU/KR correlation stands at -0.28 on a 3-year window (1 year: -0.41, 5 years: -0.13), computed from weekly returns as of 2026-08-27.
Is KR a good diversifier for COHU?
Yes: at -0.28, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.28 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/cohu-vs-kr.json
Embed this badge (it refreshes with the data), with attribution:
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Related comparisons
Hubs: COHU correlations · KR correlations
