AGMH vs SLMT: Correlation
How closely do AGM Group Holdings Inc. - Class A (AGMH) and Brera Holdings PLC - Class B (SLMT) trade together? Their weekly returns over three years give a correlation of 0.49, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGMH and SLMT?
On 3 years of weekly data the AGMH/SLMT correlation comes out at 0.49, moderate. Lately the two have moved closer together, with the 1-year correlation at 0.72 versus 0.49 over 3 years. The 5-year figure is n/a, and annualized covariance runs at 15879.0 %².
Within AGMH's tracked universe of 19 assets, SLMT comes in at #6 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months AGMH outperformed by 39.7 percentage points (-53.0% for AGMH against -92.7% for SLMT). 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 SLMT: side by side
| AGMH (AGM Group Holdings Inc. - Class A) | SLMT (Brera Holdings PLC - Class B) | |
|---|---|---|
| 1-year return | -53.0% | -92.7% |
| 5-year return | -99.8% | n/a |
| Volatility (ann.) | 233.6% | 139.8% |
| Beta vs S&P 500 | 2.39 | 1.66 |
| Max drawdown (3Y) | -99.3% | -98.8% |
| 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 | SLMT |
|---|---|---|
| 2022 | -31.2% | – |
| 2023 | +9.7% | – |
| 2024 | -16.6% | +25.5% |
| 2025 | -97.4% | -77.3% |
| 2026 | -51.6% | -75.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGMH and SLMT good diversifiers for each other?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between AGMH and SLMT?
As of 2026-08-27, the correlation of weekly returns between AGMH and SLMT is 0.49 over 3 years, 0.72 over 1 year and n/a over 5 years.
Is SLMT a good diversifier for AGMH?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.49 mean?
A reading of 0.49 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-slmt.json
Embed this badge (it refreshes with the data), with attribution:
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Related comparisons
Hubs: AGMH correlations · SLMT correlations
