AGIG vs ROST: Correlation
Measured on weekly returns over the past three years, Abundia Global Impact Group Inc. (AGIG) and Ross Stores (ROST) carry a correlation of -0.28, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGIG and ROST?
Over the past 3 years, AGIG and ROST moved with a correlation of -0.28, which is negative, meaning they tend to move in opposite directions. The past 12 months show a tighter link (-0.14) than the 3-year average (-0.28). Over 5 years the correlation is -0.16, and the annualized covariance of weekly returns is -1042.7 %².
ROST is close to the least connected end of AGIG's tracked universe, ranking #30 of 34. Their recent paths diverged sharply: over the last 12 months ROST outperformed by 143.0 percentage points (-88.7% for AGIG against +54.3% for ROST). One caveat on sizing: AGIG is 6.5 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 ROST: side by side
| AGIG (Abundia Global Impact Group Inc.) | ROST (Ross Stores) | |
|---|---|---|
| 1-year return | -88.7% | +54.3% |
| 5-year return | -94.6% | +105.0% |
| Volatility (ann.) | 157.1% | 24.0% |
| Beta vs S&P 500 | -0.21 | 0.66 |
| Max drawdown (3Y) | -96.7% | -21.1% |
| Market cap | – | $73.7B |
| P/E (trailing) | – | 27.8 |
| Dividend yield | 0.00% | 0.72% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | AGIG | ROST |
|---|---|---|
| 2022 | +140.6% | +2.9% |
| 2023 | -48.0% | +20.6% |
| 2024 | -27.9% | +10.4% |
| 2025 | -84.7% | +20.4% |
| 2026 | -51.0% | +28.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGIG and ROST good diversifiers for each other?
By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.
FAQ
What is the correlation between AGIG and ROST?
As of 2026-08-27, the correlation of weekly returns between AGIG and ROST is -0.28 over 3 years, -0.14 over 1 year and -0.16 over 5 years.
Is ROST a good diversifier for AGIG?
By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.
What does a correlation of -0.28 mean?
A reading of -0.28 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/agig-vs-rost.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/agig-vs-rost/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AGIG correlations · ROST correlations
