ACTG vs AMTX: Correlation
Measured on weekly returns over the past three years, Acacia Research Corporation (ACTG) and Aemetis, Inc (AMTX) carry a correlation of 0.45, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACTG and AMTX?
On 3 years of weekly data the ACTG/AMTX correlation comes out at 0.45, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.64 versus 0.45 over 3 years. The 5-year figure is 0.34, and annualized covariance runs at 1441.3 %².
AMTX is one of the assets that tracks ACTG most closely: it ranks #3 out of the 11 assets we track against ACTG. The last year tells two different stories: ACTG led by 64.0 percentage points, +36.5% for ACTG against -27.5% for AMTX. Risk is not evenly split, since AMTX carries 3.0 times the volatility of the other side.
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.
ACTG vs AMTX: side by side
| ACTG (Acacia Research Corporation) | AMTX (Aemetis, Inc) | |
|---|---|---|
| 1-year return | +36.5% | -27.5% |
| 5-year return | -23.8% | -81.7% |
| Volatility (ann.) | 32.8% | 98.5% |
| Beta vs S&P 500 | 0.69 | 1.51 |
| Max drawdown (3Y) | -50.0% | -79.2% |
| Market cap | $0.4B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACTG | AMTX |
|---|---|---|
| 2022 | -17.9% | -67.8% |
| 2023 | -6.9% | +32.3% |
| 2024 | +10.7% | -48.7% |
| 2025 | -13.8% | -48.3% |
| 2026 | +20.1% | +34.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACTG and AMTX good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ACTG and AMTX?
As of 2026-08-27, the correlation of weekly returns between ACTG and AMTX is 0.45 over 3 years, 0.64 over 1 year and 0.34 over 5 years.
Is AMTX a good diversifier for ACTG?
Yes, to a useful degree: a correlation of 0.45 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.45 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/actg-vs-amtx.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/actg-vs-amtx/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ACTG correlations · AMTX correlations
