AFJK vs TMUS: Correlation
Measured on weekly returns over the past three years, Aimei Health Technology Co., Ltd (AFJK) and T-Mobile US (TMUS) carry a correlation of -0.20, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AFJK and TMUS?
Across a 3-year window, the weekly returns of AFJK and TMUS correlate at -0.20, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.30 lands near the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of -1027.9 %².
By 3-year correlation, TMUS places #14 of the 29 assets tracked against AFJK. Correlation aside, the last 12 months split them widely, with AFJK ahead by 36.4 points (+8.4% versus -28.0%). One caveat on sizing: AFJK is 8.0 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.
AFJK vs TMUS: side by side
| AFJK (Aimei Health Technology Co., Ltd) | TMUS (T-Mobile US) | |
|---|---|---|
| 1-year return | +8.4% | -28.0% |
| 5-year return | n/a | +34.8% |
| Volatility (ann.) | 197.3% | 24.6% |
| Beta vs S&P 500 | 0.18 | 0.36 |
| Max drawdown (3Y) | -86.8% | -37.1% |
| Market cap | – | $190.7B |
| P/E (trailing) | 174.3 | 18.8 |
| Dividend yield | 0.00% | 2.27% |
| Sector / category | US Listed | Communication Services |
Year-by-year returns
| Year | AFJK | TMUS |
|---|---|---|
| 2022 | – | +20.7% |
| 2023 | – | +15.0% |
| 2024 | – | +39.7% |
| 2025 | +498.2% | -6.6% |
| 2026 | -80.9% | -11.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AFJK and TMUS good diversifiers for each other?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AFJK and TMUS?
The AFJK/TMUS correlation stands at -0.20 on a 3-year window (1 year: -0.30, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is TMUS a good diversifier for AFJK?
Yes: at -0.20, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.20 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/afjk-vs-tmus.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/afjk-vs-tmus/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AFJK correlations · TMUS correlations
