AGMH vs HSDT: Correlation
Measured on weekly returns over the past three years, AGM Group Holdings Inc. - Class A (AGMH) and Solana Company (HSDT) carry a correlation of 0.66, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGMH and HSDT?
Across a 3-year window, the weekly returns of AGMH and HSDT correlate at 0.66, strong. Lately the two have moved closer together, with the 1-year correlation at 0.91 versus 0.66 over 3 years. Stretching to 5 years gives 0.58, with an annualized covariance of 27368.9 %².
Few assets follow AGMH as closely as HSDT, which ranks #1 of 19 tracked partners. Over the last 12 months AGMH came out ahead by 7.7 percentage points (-53.0% against -60.7%).
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 HSDT: side by side
| AGMH (AGM Group Holdings Inc. - Class A) | HSDT (Solana Company) | |
|---|---|---|
| 1-year return | -53.0% | -60.7% |
| 5-year return | -99.8% | -100.0% |
| Volatility (ann.) | 233.6% | 177.7% |
| Beta vs S&P 500 | 2.39 | 0.34 |
| Max drawdown (3Y) | -99.3% | -100.0% |
| Market cap | – | $0.1B |
| P/E (trailing) | 2.9 | 0.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AGMH | HSDT |
|---|---|---|
| 2022 | -31.2% | -94.1% |
| 2023 | +9.7% | -47.6% |
| 2024 | -16.6% | -91.7% |
| 2025 | -97.4% | -99.4% |
| 2026 | -51.6% | -15.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGMH and HSDT good diversifiers for each other?
To a limited degree. At 0.66 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between AGMH and HSDT?
As of 2026-08-27, the correlation of weekly returns between AGMH and HSDT is 0.66 over 3 years, 0.91 over 1 year and 0.58 over 5 years.
Is HSDT a good diversifier for AGMH?
To a limited degree. At 0.66 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.66 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-hsdt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/agmh-vs-hsdt/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AGMH correlations · HSDT correlations
