AGIG vs MA: Correlation
How closely do Abundia Global Impact Group Inc. (AGIG) and Mastercard (MA) trade together? Their weekly returns over three years give a correlation of -0.25, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGIG and MA?
Over the past 3 years, AGIG and MA moved with a correlation of -0.25, which is negative, meaning they tend to move in opposite directions. Recent behaviour matches the longer record: -0.29 over 1 year against -0.25 over 3. Over 5 years the correlation is -0.14, and the annualized covariance of weekly returns is -749.9 %².
Among the 34 assets we track against AGIG, MA ranks #27 by 3-year correlation. Correlation aside, the last 12 months split them widely, with MA ahead by 89.5 points (-88.7% versus +0.8%). One caveat on sizing: AGIG is 8.1 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 MA: side by side
| AGIG (Abundia Global Impact Group Inc.) | MA (Mastercard) | |
|---|---|---|
| 1-year return | -88.7% | +0.8% |
| 5-year return | -94.6% | +72.6% |
| Volatility (ann.) | 157.1% | 19.3% |
| Beta vs S&P 500 | -0.21 | 0.77 |
| Max drawdown (3Y) | -96.7% | -20.9% |
| Market cap | – | $518.4B |
| P/E (trailing) | – | 32.9 |
| Dividend yield | 0.00% | 0.56% |
| Sector / category | US Listed | Financials |
Year-by-year returns
| Year | AGIG | MA |
|---|---|---|
| 2022 | +140.6% | -2.7% |
| 2023 | -48.0% | +23.4% |
| 2024 | -27.9% | +24.2% |
| 2025 | -84.7% | +9.0% |
| 2026 | -51.0% | +4.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGIG and MA good diversifiers for each other?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between AGIG and MA?
The AGIG/MA correlation stands at -0.25 on a 3-year window (1 year: -0.29, 5 years: -0.14), computed from weekly returns as of 2026-08-27.
Is MA a good diversifier for AGIG?
Yes: at -0.25, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.25 mean?
A reading of -0.25 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
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Related comparisons
Hubs: AGIG correlations · MA correlations
