AGMH vs ATYR: Correlation
How closely do AGM Group Holdings Inc. - Class A (AGMH) and aTyr Pharma, Inc. (ATYR) trade together? Their weekly returns over three years give a correlation of -0.40, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGMH and ATYR?
Over the past 3 years, AGMH and ATYR moved with a correlation of -0.40, which is negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.68) than the 3-year average (-0.40). Over 5 years the correlation is -0.28, and the annualized covariance of weekly returns is -8708.6 %².
Among the 19 assets we track against AGMH, ATYR sits near the bottom by co-movement, at rank #19. Their recent paths diverged sharply: over the last 12 months AGMH outperformed by 36.3 percentage points (-53.0% for AGMH against -89.3% for ATYR). One caveat on sizing: AGMH is 2.5 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.
AGMH vs ATYR: side by side
| AGMH (AGM Group Holdings Inc. - Class A) | ATYR (aTyr Pharma, Inc.) | |
|---|---|---|
| 1-year return | -53.0% | -89.3% |
| 5-year return | -99.8% | -89.9% |
| Volatility (ann.) | 233.6% | 94.3% |
| Beta vs S&P 500 | 2.39 | 1.25 |
| Max drawdown (3Y) | -99.3% | -94.0% |
| Market cap | – | $0.1B |
| P/E (trailing) | 2.9 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AGMH | ATYR |
|---|---|---|
| 2022 | -31.2% | -70.7% |
| 2023 | +9.7% | -35.6% |
| 2024 | -16.6% | +156.7% |
| 2025 | -97.4% | -78.4% |
| 2026 | -51.6% | -29.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGMH and ATYR good diversifiers for each other?
Yes. With a correlation of -0.40, AGMH and ATYR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between AGMH and ATYR?
As of 2026-08-27, the correlation of weekly returns between AGMH and ATYR is -0.40 over 3 years, -0.68 over 1 year and -0.28 over 5 years.
Is ATYR a good diversifier for AGMH?
Yes. With a correlation of -0.40, AGMH and ATYR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.40 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
$ curl https://www.pairbook.io/api/v1/pairs/agmh-vs-atyr.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/agmh-vs-atyr/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AGMH correlations · ATYR correlations
