AGMH vs BLNE: Correlation
How closely do AGM Group Holdings Inc. - Class A (AGMH) and Beeline Holdings, Inc. (BLNE) trade together? Their weekly returns over three years give a correlation of 0.33, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGMH and BLNE?
On 3 years of weekly data the AGMH/BLNE correlation comes out at 0.33, moderate. The link has tightened recently: the 1-year correlation (0.53) runs above the 3-year figure (0.33). The 5-year figure is 0.28, and annualized covariance runs at 10436.6 %².
Within AGMH's tracked universe of 19 assets, BLNE comes in at #12 by 3-year correlation. The last year tells two different stories: BLNE led by 16.8 percentage points, -53.0% for AGMH against -36.2% for BLNE. One caveat on sizing: AGMH is 1.7 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 BLNE: side by side
| AGMH (AGM Group Holdings Inc. - Class A) | BLNE (Beeline Holdings, Inc.) | |
|---|---|---|
| 1-year return | -53.0% | -36.2% |
| 5-year return | -99.8% | -99.8% |
| Volatility (ann.) | 233.6% | 136.3% |
| Beta vs S&P 500 | 2.39 | 0.59 |
| Max drawdown (3Y) | -99.3% | -96.7% |
| Market cap | – | – |
| P/E (trailing) | 2.9 | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AGMH | BLNE |
|---|---|---|
| 2022 | -31.2% | -87.2% |
| 2023 | +9.7% | -71.8% |
| 2024 | -16.6% | -25.3% |
| 2025 | -97.4% | -82.1% |
| 2026 | -51.6% | -42.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGMH and BLNE good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between AGMH and BLNE?
Using weekly returns as of 2026-08-27: 0.33 over 3 years, with 0.53 over the last year and 0.28 over 5 years.
Is BLNE a good diversifier for AGMH?
Yes, to a useful degree: a correlation of 0.33 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.33 mean?
On the −1 to +1 scale, 0.33 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
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Related comparisons
Hubs: AGMH correlations · BLNE correlations
