AGIG vs UHS: Correlation
Abundia Global Impact Group Inc. (AGIG) and Universal Health Services (UHS) show a negative relationship: their 3-year correlation of weekly returns is -0.27.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGIG and UHS?
On 3 years of weekly data the AGIG/UHS correlation comes out at -0.27, negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.15) runs above the 3-year figure (-0.27). The 5-year figure is -0.10, and annualized covariance runs at -1326.9 %².
Within AGIG's tracked universe of 34 assets, UHS comes in at #29 by 3-year correlation. The last year tells two different stories: UHS led by 83.7 percentage points, -88.7% for AGIG against -5.0% for UHS. One caveat on sizing: AGIG is 5.1 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 UHS: side by side
| AGIG (Abundia Global Impact Group Inc.) | UHS (Universal Health Services) | |
|---|---|---|
| 1-year return | -88.7% | -5.0% |
| 5-year return | -94.6% | +13.5% |
| Volatility (ann.) | 157.1% | 31.1% |
| Beta vs S&P 500 | -0.21 | 0.60 |
| Max drawdown (3Y) | -96.7% | -42.0% |
| Market cap | – | $10.2B |
| P/E (trailing) | – | 7.3 |
| Dividend yield | 0.00% | 0.45% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | AGIG | UHS |
|---|---|---|
| 2022 | +140.6% | +9.4% |
| 2023 | -48.0% | +8.8% |
| 2024 | -27.9% | +18.2% |
| 2025 | -84.7% | +22.0% |
| 2026 | -51.0% | -20.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGIG and UHS good diversifiers for each other?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
FAQ
What is the correlation between AGIG and UHS?
The AGIG/UHS correlation stands at -0.27 on a 3-year window (1 year: -0.15, 5 years: -0.10), computed from weekly returns as of 2026-08-27.
Is UHS a good diversifier for AGIG?
By historical standards, yes. A correlation of -0.27 means the two rarely move for the same reasons.
What does a correlation of -0.27 mean?
A reading of -0.27 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 · UHS correlations
