AAME vs TROO: Correlation
Atlantic American Corporation (AAME) and TROOPS, Inc. (TROO) show a moderate relationship: their 3-year correlation of weekly returns is 0.30.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AAME and TROO?
On 3 years of weekly data the AAME/TROO correlation comes out at 0.30, moderate. The past 12 months show a tighter link (0.49) than the 3-year average (0.30). The 5-year figure is 0.24, and annualized covariance runs at 1860.4 %².
Among the 11 assets we track against AAME, TROO ranks #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with TROO ahead by 148.9 points (-54.2% versus +94.7%). One caveat on sizing: TROO is 1.8 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.
AAME vs TROO: side by side
| AAME (Atlantic American Corporation) | TROO (TROOPS, Inc.) | |
|---|---|---|
| 1-year return | -54.2% | +94.7% |
| 5-year return | -57.7% | -73.3% |
| Volatility (ann.) | 59.6% | 104.4% |
| Beta vs S&P 500 | 0.77 | 0.54 |
| Max drawdown (3Y) | -63.5% | -89.5% |
| Market cap | – | $0.3B |
| P/E (trailing) | 5.6 | – |
| Dividend yield | 1.54% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AAME | TROO |
|---|---|---|
| 2022 | -4.0% | -55.6% |
| 2023 | +5.9% | +37.2% |
| 2024 | -36.6% | -45.2% |
| 2025 | +86.6% | +95.1% |
| 2026 | -44.5% | -31.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AAME and TROO good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.30 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AAME and TROO?
The AAME/TROO correlation stands at 0.30 on a 3-year window (1 year: 0.49, 5 years: 0.24), computed from weekly returns as of 2026-08-27.
Is TROO a good diversifier for AAME?
Yes, to a useful degree: a correlation of 0.30 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.30 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
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Related comparisons
Hubs: AAME correlations · TROO correlations
