AAME vs CORT: Correlation
How closely do Atlantic American Corporation (AAME) and Corcept Therapeutics Incorporated (CORT) trade together? Their weekly returns over three years give a correlation of -0.21, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AAME and CORT?
On 3 years of weekly data the AAME/CORT correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.38) runs below the 3-year figure (-0.21). The 5-year figure is -0.12, and annualized covariance runs at -828.0 %².
Among the 11 assets we track against AAME, CORT sits near the bottom by co-movement, at rank #9. Their recent paths diverged sharply: over the last 12 months CORT outperformed by 121.9 percentage points (-54.2% for AAME against +67.7% for CORT).
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.
AAME vs CORT: side by side
| AAME (Atlantic American Corporation) | CORT (Corcept Therapeutics Incorporated) | |
|---|---|---|
| 1-year return | -54.2% | +67.7% |
| 5-year return | -57.7% | +443.1% |
| Volatility (ann.) | 59.6% | 65.2% |
| Beta vs S&P 500 | 0.77 | 0.53 |
| Max drawdown (3Y) | -63.5% | -71.9% |
| Market cap | – | $12.6B |
| P/E (trailing) | 5.6 | 265.8 |
| Dividend yield | 1.54% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AAME | CORT |
|---|---|---|
| 2022 | -4.0% | +2.6% |
| 2023 | +5.9% | +59.9% |
| 2024 | -36.6% | +55.1% |
| 2025 | +86.6% | -30.9% |
| 2026 | -44.5% | +236.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AAME and CORT good diversifiers for each other?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AAME and CORT?
The AAME/CORT correlation stands at -0.21 on a 3-year window (1 year: -0.38, 5 years: -0.12), computed from weekly returns as of 2026-08-27.
Is CORT a good diversifier for AAME?
Yes: at -0.21, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/aame-vs-cort.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/aame-vs-cort/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AAME correlations · CORT correlations
