HUDI vs LOMA: Correlation
Huadi International Group Co., Ltd. (HUDI) and Loma Negra Compania Industrial Argentina Sociedad Anonima (LOMA) show a negative relationship: their 3-year correlation of weekly returns is -0.25.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are HUDI and LOMA?
Across a 3-year window, the weekly returns of HUDI and LOMA correlate at -0.25, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.32 lands near the 3-year figure. Stretching to 5 years gives 0.01, with an annualized covariance of -652.6 %².
LOMA is close to the least connected end of HUDI's tracked universe, ranking #10 of 10. Correlation aside, the last 12 months split them widely, with LOMA ahead by 42.0 points (-39.0% versus +3.0%).
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.
HUDI vs LOMA: side by side
| HUDI (Huadi International Group Co., Ltd.) | LOMA (Loma Negra Compania Industrial Argentina Sociedad Anonima) | |
|---|---|---|
| 1-year return | -39.0% | +3.0% |
| 5-year return | -78.4% | +76.0% |
| Volatility (ann.) | 56.1% | 47.1% |
| Beta vs S&P 500 | 0.78 | 0.64 |
| Max drawdown (3Y) | -83.4% | -48.3% |
| Market cap | – | $1.1B |
| P/E (trailing) | – | 38.7 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | HUDI | LOMA |
|---|---|---|
| 2022 | -84.1% | +26.6% |
| 2023 | -40.2% | +21.0% |
| 2024 | -42.9% | +68.4% |
| 2025 | -35.4% | +8.5% |
| 2026 | -24.8% | -25.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are HUDI and LOMA good diversifiers for each other?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
FAQ
What is the correlation between HUDI and LOMA?
As of 2026-08-27, the correlation of weekly returns between HUDI and LOMA is -0.25 over 3 years, -0.32 over 1 year and 0.01 over 5 years.
Is LOMA a good diversifier for HUDI?
By historical standards, yes. A correlation of -0.25 means the two rarely move for the same reasons.
What does a correlation of -0.25 mean?
A reading of -0.25 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
$ curl https://www.pairbook.io/api/v1/pairs/hudi-vs-loma.json
Embed this badge (it refreshes with the data), with attribution:
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Related comparisons
Hubs: HUDI correlations · LOMA correlations
