ADV vs AMIX: Correlation
Advantage Solutions Inc. (ADV) and Autonomix Medical, Inc. (AMIX) 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 ADV and AMIX?
Across a 3-year window, the weekly returns of ADV and AMIX correlate at -0.22, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.32 lands near the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of -3432.1 %².
AMIX is close to the least connected end of ADV's tracked universe, ranking #11 of 11. The last year tells two different stories: ADV led by 50.0 percentage points, -27.3% for ADV against -77.3% for AMIX. One caveat on sizing: AMIX is 2.2 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.
ADV vs AMIX: side by side
| ADV (Advantage Solutions Inc.) | AMIX (Autonomix Medical, Inc.) | |
|---|---|---|
| 1-year return | -27.3% | -77.3% |
| 5-year return | -84.9% | n/a |
| Volatility (ann.) | 82.5% | 183.2% |
| Beta vs S&P 500 | 1.06 | 1.55 |
| Max drawdown (3Y) | -89.3% | -99.9% |
| Market cap | $0.4B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ADV | AMIX |
|---|---|---|
| 2022 | -74.1% | – |
| 2023 | +74.0% | – |
| 2024 | -19.3% | – |
| 2025 | -69.9% | -85.4% |
| 2026 | +52.0% | -51.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADV and AMIX good diversifiers for each other?
Yes. With a correlation of -0.22, ADV and AMIX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between ADV and AMIX?
The ADV/AMIX correlation stands at -0.22 on a 3-year window (1 year: -0.32, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is AMIX a good diversifier for ADV?
Yes. With a correlation of -0.22, ADV and AMIX have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.22 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/adv-vs-amix.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/adv-vs-amix/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ADV correlations · AMIX correlations
