AGMH vs CDLX: Correlation
Measured on weekly returns over the past three years, AGM Group Holdings Inc. - Class A (AGMH) and Cardlytics, Inc. (CDLX) carry a correlation of 0.50, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGMH and CDLX?
On 3 years of weekly data the AGMH/CDLX correlation comes out at 0.50, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.79 versus 0.50 over 3 years. The 5-year figure is 0.40, and annualized covariance runs at 15737.4 %².
Among the 19 assets we track against AGMH, CDLX ranks #4 by 3-year correlation. Over the last 12 months AGMH came out ahead by 8.1 percentage points (-53.0% against -61.1%). 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 CDLX: side by side
| AGMH (AGM Group Holdings Inc. - Class A) | CDLX (Cardlytics, Inc.) | |
|---|---|---|
| 1-year return | -53.0% | -61.1% |
| 5-year return | -99.8% | -99.6% |
| Volatility (ann.) | 233.6% | 134.2% |
| Beta vs S&P 500 | 2.39 | 2.27 |
| Max drawdown (3Y) | -99.3% | -98.3% |
| 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 | CDLX |
|---|---|---|
| 2022 | -31.2% | -91.3% |
| 2023 | +9.7% | +59.3% |
| 2024 | -16.6% | -59.7% |
| 2025 | -97.4% | -69.0% |
| 2026 | -51.6% | -65.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGMH and CDLX good diversifiers for each other?
Only partially. A correlation of 0.50 means AGMH and CDLX share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between AGMH and CDLX?
Using weekly returns as of 2026-08-27: 0.50 over 3 years, with 0.79 over the last year and 0.40 over 5 years.
Is CDLX a good diversifier for AGMH?
Only partially. A correlation of 0.50 means AGMH and CDLX share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.50 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
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Related comparisons
Hubs: AGMH correlations · CDLX correlations
