AGMH vs SPRC: Correlation
How closely do AGM Group Holdings Inc. - Class A (AGMH) and SciSparc Ltd. (SPRC) trade together? Their weekly returns over three years give a correlation of 0.45, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGMH and SPRC?
Over the past 3 years, AGMH and SPRC moved with a correlation of 0.45, which is moderate. The link has tightened recently: the 1-year correlation (0.68) runs above the 3-year figure (0.45). Over 5 years the correlation is 0.41, and the annualized covariance of weekly returns is 20272.4 %².
By 3-year correlation, SPRC places #7 of the 19 assets tracked against AGMH. Correlation aside, the last 12 months split them widely, with AGMH ahead by 29.7 points (-53.0% versus -82.7%).
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 SPRC: side by side
| AGMH (AGM Group Holdings Inc. - Class A) | SPRC (SciSparc Ltd.) | |
|---|---|---|
| 1-year return | -53.0% | -82.7% |
| 5-year return | -99.8% | -100.0% |
| Volatility (ann.) | 233.6% | 190.8% |
| Beta vs S&P 500 | 2.39 | 2.10 |
| Max drawdown (3Y) | -99.3% | -99.8% |
| Market cap | – | – |
| P/E (trailing) | 2.9 | 0.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AGMH | SPRC |
|---|---|---|
| 2022 | -31.2% | -87.9% |
| 2023 | +9.7% | -75.2% |
| 2024 | -16.6% | -92.6% |
| 2025 | -97.4% | -82.0% |
| 2026 | -51.6% | -45.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGMH and SPRC good diversifiers for each other?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between AGMH and SPRC?
The AGMH/SPRC correlation stands at 0.45 on a 3-year window (1 year: 0.68, 5 years: 0.41), computed from weekly returns as of 2026-08-27.
Is SPRC a good diversifier for AGMH?
A fair diversifier. At 0.45, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.45 mean?
A reading of 0.45 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-sprc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/agmh-vs-sprc/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AGMH correlations · SPRC correlations