AGIG vs ASPS: Correlation
Abundia Global Impact Group Inc. (AGIG) and Altisource Portfolio Solutions S.A. (ASPS) 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 AGIG and ASPS?
Over the past 3 years, AGIG and ASPS moved with a correlation of 0.30, which is moderate. The link has loosened recently: the 1-year correlation (0.13) runs below the 3-year figure (0.30). Over 5 years the correlation is 0.16, and the annualized covariance of weekly returns is 4067.2 %².
Among the 34 assets we track against AGIG, ASPS ranks #11 by 3-year correlation. Correlation aside, the last 12 months split them widely, with ASPS ahead by 36.3 points (-88.7% versus -52.4%). One caveat on sizing: AGIG 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.
AGIG vs ASPS: side by side
| AGIG (Abundia Global Impact Group Inc.) | ASPS (Altisource Portfolio Solutions S.A.) | |
|---|---|---|
| 1-year return | -88.7% | -52.4% |
| 5-year return | -94.6% | -93.2% |
| Volatility (ann.) | 157.1% | 85.7% |
| Beta vs S&P 500 | -0.21 | -0.36 |
| Max drawdown (3Y) | -96.7% | -88.8% |
| Market cap | – | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AGIG | ASPS |
|---|---|---|
| 2022 | +140.6% | -15.7% |
| 2023 | -48.0% | -62.4% |
| 2024 | -27.9% | -81.5% |
| 2025 | -84.7% | +31.6% |
| 2026 | -51.0% | -19.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGIG and ASPS 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 AGIG and ASPS?
The AGIG/ASPS correlation stands at 0.30 on a 3-year window (1 year: 0.13, 5 years: 0.16), computed from weekly returns as of 2026-08-27.
Is ASPS a good diversifier for AGIG?
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.
Use this data
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Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/agig-vs-asps/)
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Related comparisons
Hubs: AGIG correlations · ASPS correlations
