DASH vs SUNE: Correlation
Measured on weekly returns over the past three years, DoorDash (DASH) and SUNation Energy, Inc. (SUNE) carry a correlation of -0.21, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DASH and SUNE?
On 3 years of weekly data the DASH/SUNE correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.22 lands near the 3-year figure. The 5-year figure is -0.09, and annualized covariance runs at -1740.4 %².
Among the 36 assets we track against DASH, SUNE ranks #29 by 3-year correlation. The last year tells two different stories: SUNE led by 52.3 percentage points, -5.6% for DASH against +46.7% for SUNE. Note the risk asymmetry: SUNE runs 4.3 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.
DASH vs SUNE: side by side
| DASH (DoorDash) | SUNE (SUNation Energy, Inc.) | |
|---|---|---|
| 1-year return | -5.6% | +46.7% |
| 5-year return | +20.3% | -100.0% |
| Volatility (ann.) | 44.1% | 189.9% |
| Beta vs S&P 500 | 1.73 | -0.81 |
| Max drawdown (3Y) | -48.0% | -100.0% |
| Market cap | $101.0B | – |
| P/E (trailing) | 123.3 | 1.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Consumer Discretionary | US Listed |
Year-by-year returns
| Year | DASH | SUNE |
|---|---|---|
| 2022 | -67.2% | -75.7% |
| 2023 | +102.6% | -74.7% |
| 2024 | +69.6% | -99.4% |
| 2025 | +35.0% | -99.8% |
| 2026 | +2.4% | +113.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DASH and SUNE good diversifiers for each other?
Yes. With a correlation of -0.21, DASH and SUNE have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between DASH and SUNE?
Using weekly returns as of 2026-08-27: -0.21 over 3 years, with -0.22 over the last year and -0.09 over 5 years.
Is SUNE a good diversifier for DASH?
Yes. With a correlation of -0.21, DASH and SUNE have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.21 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/dash-vs-sune.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dash-vs-sune/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DASH correlations · SUNE correlations
