AGPU vs AMS: Correlation
Measured on weekly returns over the past three years, Axe Compute Inc. (AGPU) and American Shared Hospital Services (AMS) carry a correlation of -0.28, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AGPU and AMS?
On 3 years of weekly data the AGPU/AMS correlation comes out at -0.28, negative, meaning they tend to move in opposite directions. The past 12 months show a weaker link (-0.40) than the 3-year average (-0.28). The 5-year figure is -0.19, and annualized covariance runs at -1876.7 %².
Out of 13 assets tracked against AGPU, AMS lands near the bottom at #13. Their recent paths diverged sharply: over the last 12 months AGPU outperformed by 16.3 percentage points (-24.4% for AGPU against -40.7% for AMS). Risk is not evenly split, since AGPU carries 3.1 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.
AGPU vs AMS: side by side
| AGPU (Axe Compute Inc.) | AMS (American Shared Hospital Services) | |
|---|---|---|
| 1-year return | -24.4% | -40.7% |
| 5-year return | -96.8% | -45.7% |
| Volatility (ann.) | 146.2% | 46.6% |
| Beta vs S&P 500 | 1.75 | 0.34 |
| Max drawdown (3Y) | -97.9% | -64.2% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AGPU | AMS |
|---|---|---|
| 2022 | -67.8% | +23.6% |
| 2023 | -46.4% | -18.8% |
| 2024 | -75.1% | +34.0% |
| 2025 | -41.9% | -33.9% |
| 2026 | +44.9% | -30.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AGPU and AMS good diversifiers for each other?
By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.
FAQ
What is the correlation between AGPU and AMS?
The AGPU/AMS correlation stands at -0.28 on a 3-year window (1 year: -0.40, 5 years: -0.19), computed from weekly returns as of 2026-08-27.
Is AMS a good diversifier for AGPU?
By historical standards, yes. A correlation of -0.28 means the two rarely move for the same reasons.
What does a correlation of -0.28 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.
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Related comparisons
Hubs: AGPU correlations · AMS correlations
