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DOUG vs SUPX: Correlation

Measured on weekly returns over the past three years, Douglas Elliman Inc. (DOUG) and SuperX AI Technology Limited (SUPX) carry a correlation of -0.15, a negative link.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
-0.15
negative
Correlation (1Y)
-0.06
last 12 months
Correlation (5Y)
n/a
long-run
Ann. covariance
-1365.0
%² · weekly, annualized

How correlated are DOUG and SUPX?

Over the past 3 years, DOUG and SUPX moved with a correlation of -0.15, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.06 over 1 year against -0.15 over 3. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -1365.0 %².

Out of 13 assets tracked against DOUG, SUPX lands near the bottom at #11. Their recent paths diverged sharply: over the last 12 months DOUG outperformed by 46.9 percentage points (-30.1% for DOUG against -77.0% for SUPX). One caveat on sizing: SUPX is 1.5 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.

DOUG vs SUPX: side by side

DOUG (Douglas Elliman Inc.)SUPX (SuperX AI Technology Limited)
1-year return-30.1%-77.0%
5-year return-83.0%n/a
Volatility (ann.)76.4%115.6%
Beta vs S&P 5000.950.01
Max drawdown (3Y)-66.5%-92.3%
Market cap$0.2B$0.4B
P/E (trailing)6.4
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: DOUG -66.5% vs -92.3%
-87%0%+52%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). DOUG · SUPX

Year-by-year returns

YearDOUGSUPX
2022-63.2%
2023-22.6%
2024-43.4%
2025+41.9%+318.1%
2026-21.5%-37.6%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are DOUG and SUPX good diversifiers for each other?

Yes. With a correlation of -0.15, DOUG and SUPX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

FAQ

What is the correlation between DOUG and SUPX?

The DOUG/SUPX correlation stands at -0.15 on a 3-year window (1 year: -0.06, 5 years: n/a), computed from weekly returns as of 2026-08-27.

Is SUPX a good diversifier for DOUG?

Yes. With a correlation of -0.15, DOUG and SUPX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.

What does a correlation of -0.15 mean?

A reading of -0.15 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

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DOUG vs SUPX: 3-year weekly correlation -0.15DOUG vs SUPX-0.15

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Related comparisons

Hubs: DOUG correlations · SUPX correlations