AGL vs MSI: Correlation
Measured on weekly returns over the past three years, agilon health, inc. (AGL) and Motorola Solutions (MSI) carry a correlation of -0.21, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGL and MSI?
On 3 years of weekly data the AGL/MSI correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.23 lands near the 3-year figure. The 5-year figure is -0.10, and annualized covariance runs at -588.0 %².
Among the 14 assets we track against AGL, MSI ranks #9 by 3-year correlation. The last year tells two different stories: AGL led by 183.9 percentage points, +189.8% for AGL against +5.9% for MSI. Risk is not evenly split, since AGL carries 5.7 times the volatility of the other side.
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.
AGL vs MSI: side by side
| AGL (agilon health, inc.) | MSI (Motorola Solutions) | |
|---|---|---|
| 1-year return | +189.8% | +5.9% |
| 5-year return | -90.0% | +111.1% |
| Volatility (ann.) | 126.1% | 22.1% |
| Beta vs S&P 500 | 1.73 | 0.61 |
| Max drawdown (3Y) | -98.4% | -27.0% |
| Market cap | $1.6B | $80.5B |
| P/E (trailing) | – | 38.5 |
| Dividend yield | 0.00% | 0.97% |
| Sector / category | US Listed | Information Technology |
Year-by-year returns
| Year | AGL | MSI |
|---|---|---|
| 2022 | -40.2% | -3.8% |
| 2023 | -22.2% | +23.0% |
| 2024 | -84.9% | +49.1% |
| 2025 | -63.7% | -16.2% |
| 2026 | +446.8% | +27.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGL and MSI good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between AGL and MSI?
As of 2026-08-27, the correlation of weekly returns between AGL and MSI is -0.21 over 3 years, -0.23 over 1 year and -0.10 over 5 years.
Is MSI a good diversifier for AGL?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 mean?
On the −1 to +1 scale, -0.21 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/agl-vs-msi.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/agl-vs-msi/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AGL correlations · MSI correlations
