Are AAOI and CBRS correlated?

AAOI and CBRS have a 252-day pairwise correlation of 0.53 (moderate). Values above 0.6 indicate the two stocks tend to move together as part of the same capital flow; below 0.4 they're largely independent.

Do AAOI and CBRS share any ETFs?

No ETF in QuantAbundance's coverage currently holds both AAOI and CBRS.

Which bubbles or themes do AAOI and CBRS share?

AAOI and CBRS are not currently in any shared bubble or theme in QuantAbundance's taxonomy.

Stock comparison

AAOI vs CBRS

Applied Optoelectronics, Inc. and Cerebras Systems Inc.

AAOIUS

Applied Optoelectronics, Inc.

Last close: $50.13
Market cap: $4.6B
Sector: Information Technology
30d return: -50.6%
90d return: -63.9%
252d return: -

CBRSUS

Cerebras Systems Inc.

Last close: $89.68
Market cap: $21.3B
Sector: Information Technology
30d return: -56.6%
90d return: -59.5%
252d return: -

252-day correlation

0.53moderate

Pearson correlation of daily log-returns over the last 252 trading days. >0.6 = tight (move as one bloc); 0.4-0.6 = thematic linkage;<0.4 = largely independent. See the full matrix.

AAOI and CBRS don't currently share any bubble, theme, or ETF in QuantAbundance's coverage - they likely sit in different capital-flow blocs.

Want the full picture? AAOI stock page · CBRS stock page · full correlation matrix

Data refreshes daily. Last close 2026-11-08.