AGMH vs MLCI: Correlation
Measured on weekly returns over the past three years, AGM Group Holdings Inc. - Class A (AGMH) and Mount Logan Capital Inc. (MLCI) carry a correlation of 0.58, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGMH and MLCI?
On 3 years of weekly data the AGMH/MLCI correlation comes out at 0.58, moderate. Little has changed lately, as the 1-year reading of 0.67 lands near the 3-year figure. The 5-year figure is 0.54, and annualized covariance runs at 7419.6 %².
In AGMH's tracked universe of 19 assets, MLCI sits right near the top at #2. Correlation aside, the last 12 months split them widely, with MLCI ahead by 22.8 points (-53.0% versus -30.2%). Risk is not evenly split, since AGMH carries 4.3 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.
AGMH vs MLCI: side by side
| AGMH (AGM Group Holdings Inc. - Class A) | MLCI (Mount Logan Capital Inc.) | |
|---|---|---|
| 1-year return | -53.0% | -30.2% |
| 5-year return | -99.8% | -55.0% |
| Volatility (ann.) | 233.6% | 54.8% |
| Beta vs S&P 500 | 2.39 | 0.45 |
| Max drawdown (3Y) | -99.3% | -68.8% |
| Market cap | – | – |
| P/E (trailing) | 2.9 | – |
| Dividend yield | 0.00% | 4.68% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AGMH | MLCI |
|---|---|---|
| 2022 | -31.2% | -28.2% |
| 2023 | +9.7% | -22.3% |
| 2024 | -16.6% | -10.5% |
| 2025 | -97.4% | +125.7% |
| 2026 | -51.6% | -60.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGMH and MLCI good diversifiers for each other?
Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between AGMH and MLCI?
Using weekly returns as of 2026-08-27: 0.58 over 3 years, with 0.67 over the last year and 0.54 over 5 years.
Is MLCI a good diversifier for AGMH?
Somewhat, no more. With 0.58 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.58 mean?
A reading of 0.58 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/agmh-vs-mlci.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/agmh-vs-mlci/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AGMH correlations · MLCI correlations
