AGIG vs BKNG: Correlation
How closely do Abundia Global Impact Group Inc. (AGIG) and Booking Holdings (BKNG) trade together? Their weekly returns over three years give a correlation of -0.19, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGIG and BKNG?
Over the past 3 years, AGIG and BKNG moved with a correlation of -0.19, which is negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.20) sits close to the 3-year figure. Over 5 years the correlation is -0.07, and the annualized covariance of weekly returns is -886.3 %².
Among the 34 assets we track against AGIG, BKNG ranks #17 by 3-year correlation. Correlation aside, the last 12 months split them widely, with BKNG ahead by 79.6 points (-88.7% versus -9.1%). One caveat on sizing: AGIG is 5.4 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 BKNG: side by side
| AGIG (Abundia Global Impact Group Inc.) | BKNG (Booking Holdings) | |
|---|---|---|
| 1-year return | -88.7% | -9.1% |
| 5-year return | -94.6% | +127.1% |
| Volatility (ann.) | 157.1% | 29.1% |
| Beta vs S&P 500 | -0.21 | 1.11 |
| Max drawdown (3Y) | -96.7% | -33.4% |
| Market cap | – | $152.2B |
| P/E (trailing) | – | 23.2 |
| Dividend yield | 0.00% | 0.77% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | AGIG | BKNG |
|---|---|---|
| 2022 | +140.6% | -16.0% |
| 2023 | -48.0% | +76.0% |
| 2024 | -27.9% | +41.3% |
| 2025 | -84.7% | +8.6% |
| 2026 | -51.0% | -5.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGIG and BKNG good diversifiers for each other?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AGIG and BKNG?
The AGIG/BKNG correlation stands at -0.19 on a 3-year window (1 year: -0.20, 5 years: -0.07), computed from weekly returns as of 2026-08-27.
Is BKNG a good diversifier for AGIG?
Yes: at -0.19, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.19 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/agig-vs-bkng.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/agig-vs-bkng/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AGIG correlations · BKNG correlations
