PAG vs TELO: Correlation
Penske Automotive Group, Inc. (PAG) and Telomir Pharmaceuticals, Inc. (TELO) show a negative relationship: their 3-year correlation of weekly returns is -0.22.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PAG and TELO?
Over the past 3 years, PAG and TELO moved with a correlation of -0.22, which is negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.21 lands near the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -672.8 %².
Out of 12 assets tracked against PAG, TELO lands near the bottom at #9. Correlation aside, the last 12 months split them widely, with PAG ahead by 39.1 points (+19.5% versus -19.6%). Note the risk asymmetry: TELO runs 4.5 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.
PAG vs TELO: side by side
| PAG (Penske Automotive Group, Inc.) | TELO (Telomir Pharmaceuticals, Inc.) | |
|---|---|---|
| 1-year return | +19.5% | -19.6% |
| 5-year return | +177.2% | n/a |
| Volatility (ann.) | 26.3% | 119.3% |
| Beta vs S&P 500 | 0.66 | 1.22 |
| Max drawdown (3Y) | -24.0% | -92.3% |
| Market cap | $14.3B | $0.1B |
| P/E (trailing) | 15.8 | – |
| Dividend yield | 2.60% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PAG | TELO |
|---|---|---|
| 2022 | +9.2% | – |
| 2023 | +42.3% | – |
| 2024 | -2.5% | – |
| 2025 | +7.1% | -67.7% |
| 2026 | +41.0% | -10.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PAG and TELO good diversifiers for each other?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
FAQ
What is the correlation between PAG and TELO?
The PAG/TELO correlation stands at -0.22 on a 3-year window (1 year: -0.21, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is TELO a good diversifier for PAG?
By historical standards, yes. A correlation of -0.22 means the two rarely move for the same reasons.
What does a correlation of -0.22 mean?
A reading of -0.22 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/pag-vs-telo.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/pag-vs-telo/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PAG correlations · TELO correlations
