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AGIG vs XTIA: Correlation

Abundia Global Impact Group Inc. (AGIG) and XTI Aerospace, Inc. (XTIA) show a moderate relationship: their 3-year correlation of weekly returns is 0.52.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.52
moderate
Correlation (1Y)
-0.12
last 12 months
Correlation (5Y)
0.27
long-run
Ann. covariance
10437.4
%² · weekly, annualized

How correlated are AGIG and XTIA?

On 3 years of weekly data the AGIG/XTIA correlation comes out at 0.52, moderate. The past 12 months show a weaker link (-0.12) than the 3-year average (0.52). The 5-year figure is 0.27, and annualized covariance runs at 10437.4 %².

By 3-year correlation, XTIA places #4 of the 34 assets tracked against AGIG. Their recent paths diverged sharply: over the last 12 months XTIA outperformed by 63.7 percentage points (-88.7% for AGIG against -25.0% for XTIA).

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 XTIA: side by side

AGIG (Abundia Global Impact Group Inc.)XTIA (XTI Aerospace, Inc.)
1-year return-88.7%-25.0%
5-year return-94.6%-100.0%
Volatility (ann.)157.1%127.5%
Beta vs S&P 500-0.210.29
Max drawdown (3Y)-96.7%-100.0%
Market cap$0.1B
P/E (trailing)
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Smaller drawdown: AGIG -96.7% vs -100.0%Higher 5y return: AGIG -94.6% vs -100.0%
-89%0%+35%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. AGIG · XTIA

Year-by-year returns

YearAGIGXTIA
2022+140.6%-96.2%
2023-48.0%-96.7%
2024-27.9%-99.2%
2025-84.7%-88.5%
2026-51.0%+11.3%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are AGIG and XTIA good diversifiers for each other?

Somewhat, no more. With 0.52 correlation, most large moves hit both names, and the diversification benefit stays modest.

FAQ

What is the correlation between AGIG and XTIA?

As of 2026-08-27, the correlation of weekly returns between AGIG and XTIA is 0.52 over 3 years, -0.12 over 1 year and 0.27 over 5 years.

Is XTIA a good diversifier for AGIG?

Somewhat, no more. With 0.52 correlation, most large moves hit both names, and the diversification benefit stays modest.

What does a correlation of 0.52 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

JSON API · no key required
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AGIG vs XTIA: 3-year weekly correlation 0.52AGIG vs XTIA0.52

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Hubs: AGIG correlations · XTIA correlations